Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-03-24-Speech-2-201"
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"en.20090324.26.2-201"2
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"Mr President, I am particularly supportive of this report, the mention of credit unions and recognition of their contribution to providing microcredit facilities. As not-for-profit organisations, credit unions play a unique role in providing microcredit to many who would not be offered credit by many of the other financial institutions. I know that credit unions are not strong in all European countries, but they are strong in many, with reserves in excess of EUR 40 billion. Worldwide credit unions have reserves in excess of USD 1.1 trillion, with almost 180 million members worldwide.
At a time when many people are losing faith in banking institutions, not-for-profit financial institutions are a viable alternative and they need our support. In particular, they need to be included in the JASMINE programme so that, as providers of microfinance, they have access to business support services such as mentoring, training, advice, financing and education, etc.
Finally, a clarification on the Muscardini report: I believe we voted for and passed Amendment 1, where the term ‘sexual and reproductive rights’ was amended to ‘sexual and reproductive health’. In this context, I am not sure I agree with my Irish colleagues who spoke earlier on this matter."@en1
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