Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-02-24-Speech-3-247"

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"en.20100224.20.3-247"2
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"The unemployment rate hit 10% in the euro area at the start of the year, compared to 9.6% in the EU-27. The figure for young people is more than 21%. Roughly 20 million companies operate in the European Union, excluding the financial sector, with 99% of these being small and medium-sized enterprises. Two thirds of the total workforce in the private sector are employed by SMEs. I call on the Commission and Member States to draw up a package of measures aimed specifically at supporting SMEs to help them out of the economic and financial crisis. This package of measures should also be targeted at those proposing to set up small or medium-sized businesses. These measures might include, for example, the suitable adaptation of the European Globalisation Adjustment Fund and the Seventh Framework Programme for research, as well as the simplification of the administrative criteria and procedures to facilitate SMEs’ access to projects carried out using European funds. Last but not least, as in the case of the farmers, I propose granting government guarantees for loans taken out by SMEs to help them out of the crisis, obviously for a fixed period of time and up to a certain ceiling."@en1
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