Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-02-19-Speech-4-191"

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"The social economy subscribes to the fundamental principles of the European Social Model. Its basic features and values involve placing people and social objectives above capital, combining the interests of its members with the general good, and implementing a democratic control system, enforced by its members. Overall, it constitutes 10% of Europe’s enterprises and 6% of the labour market. The social economy, which is also referred to as the solidarity economy and the third sector, is a key instrument for attaining the Lisbon objectives. It possesses a significant potential for creating jobs and can effectively be employed to achieve the objective of economic growth. The third sector plays a leading role in the European economy, combining profitability and solidarity. In view of the financial crisis, which we have recently been observing with alarm, and vainly attempting to overcome, it is vitally important for us to ensure financial stability. Europeans dread losing their jobs and expect decent treatment. The European Union and the Member States must respond to real needs, create real opportunities and build new hopes, for the good of all Europeans. Fostering the solidarity economy is one way of improving the situation. I support the rapporteur’s motion. The European Commission should not only promote the social economy, but should also undertake real action to develop a legal framework, within which entities such as cooperatives, mutual societies, associations and foundations may operate, as well as drawing up a programme offering financial support, advice and training to existing enterprises and to those that are yet to be established."@en1

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