Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-02-09-Speech-2-068"

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"en.20100209.4.2-068"2
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"Mr President, I want to raise an issue here that I have been raising in my own country in the hope that, by raising it from the top down and the bottom up, we might somehow get some action on it. We are constantly talking about the banking crisis and what we can do for small and medium-sized enterprises. The problem is that there are many small and medium-sized enterprises that simply cannot get loans, even though they have viable businesses and can give employment. The biggest reason for that, in my experience, is the absence of bank managers. We got into this crisis because the banking system was on automatic – and, in many cases, it is still on automatic. The European Central Bank and the European Commission have given a lot of support to the financial institutions. It is time now that we returned, and used every influence we have to return, to the traditional bank manager, who can make calculated risk based on character, ability and track record. I really think that would make a difference, and I say this to the 27 Commissioners here present: do not underestimate your ability to influence…"@en1
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