Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-12-14-Speech-1-167"

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"en.20091214.18.1-167"2
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"Ladies and gentlemen, in a time of continuing financial and economic crisis it is necessary to support not only banks and big companies but also small firms and self-employed people. We all know that it is these small firms, including family-owned firms, which create and sustain large numbers of jobs. We support the creation of the new financial instrument of the micro-finance programme for employment and social inclusion which, in cooperation with the European Investment Bank, will improve the availability of loans precisely for self-employed people and small start-ups and family firms. We agree to the release of resources amounting to EUR 100 million for securing these small loans for a fixed period. We regard this programme as a good and effective instrument for an active policy on employment and as a good way of spending so-called European money, in other words, our money. We fully endorse the proposal to release the necessary resources for this financial instrument from the resources originally intended for the Progress programme. We do not agree to funding for the micro-financing instrument being obtained from reserves or from other budget chapters. The resources of the Progress programme, which amount to EUR 700 million if I am correctly informed, are used for building up study and analysis networks. None of the resources of the Progress programme have been earmarked for directly supporting people who are seeking work or creating jobs. I do not doubt that it is necessary to build up networks and produce analyses and studies. In the current period, however, which is not easy for entrepreneurs and employees, I give precedence to using these resources from the EU budget for programmes directly targeted at employers and employees."@en1
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