Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-11-12-Speech-4-126"

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"en.20091112.17.4-126"2
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"I took the decision to support this motion for a resolution as I oppose the suggestion made by the Commission to reduce the financial envelope of the Programme for Employment and Social solidarity – Progress, by EUR 100 million and to reallocate this money to the European Microfinance Facility for Employment and Social Inclusion. The Progress programme has now been running for three years and the overall impact has been positive. I welcome the proposal establishing the microfinance facility as I believe it will help offer a new start for some of Europe’s most disadvantaged groups by increasing the supply and accessibility of microloans and, in turn, helping people start up their own businesses. However, I do not think that the Progress programme should be jeopardised by the reallocation of funds to the microfinance facility. I would like to see the full implementation of both programmes and it is for this reason I voted in favour of this motion."@en1
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