Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-05-06-Speech-4-020"
| Predicate | Value (sorted: default) |
|---|---|
| rdf:type | |
| dcterms:Date | |
| dcterms:Is Part Of | |
| dcterms:Language | |
| lpv:document identification number |
"en.20100506.3.4-020"2
|
| lpv:hasSubsequent | |
| lpv:speaker | |
| lpv:spokenAs | |
| lpv:translated text |
"Mr President, I agree with the colleagues who are commending the excellent work done by the EIB.
In praising the EIB we can see in it a stark contrast to the sad murky immoral story which has unfolded regarding the private banks with their extravagant remuneration packages and grotesque bonuses and total lack of corporate governance. The EIB, partly perhaps because, as the President says, it is accountable to Parliament, has been the exact opposite, and they are to be praised for their good and proper actions and in particular their swift action in reacting to the economic crisis.
He did mention, and rightly so, that they earmarked SMEs for particular attention and support and I know that in my own country EUR 300 million was allocated for SMEs through the EIB. But the question is: is this reaching the SMEs, and, if not, can they establish why not? Is there any recourse for businesses that are refused even if they seem to have good business plans?
Certainly in Ireland every day there is evidence of companies going bust and even in the Irish Times on Tuesday the heading was ‘State cuts fund to help enterprises by EUR 22 million’. So we are not out of the woods yet.
Also I want to ask the question: there is also anecdotal evidence that private banks are using money that is supposed to go to SMEs for other activities at the banks. I would like to know: is this the case? Can it be established, and, particularly, can we in Parliament do anything to help establish those facts?"@en1
|
| lpv:videoURI |
Named graphs describing this resource:
The resource appears as object in 2 triples