Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-12-14-Speech-1-193"

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"en.20091214.18.1-193"2
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"Madam President, Commissioner, ladies and gentlemen, I would like to draw your attention to the fundamental importance of micro-credit in these times of crisis for jobs. Micro-credit allows the unemployed to make a new start, thanks to risk-sharing and financing instruments, making entrepreneurship accessible. Given the financial crisis and the significant drop in the number of loans being granted, I support the proposal by the European Commission to establish a microfinance instrument targeting the most vulnerable groups, and particularly women, young people and the unemployed. I would like to give my backing to my colleagues in the Group of the European People’s Party which, together with the other groups – socialists, liberals and conservatives – have tabled compromise amendments in order to set up this microfinance instrument as quickly as possible, starting in 2010. I also call upon the Council of Ministers to take responsibility for finding, in the current crisis situation, a swift solution to combat unemployment and provide a lasting solution to the funding of this micro-credit."@en1
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