Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-05-06-Speech-4-028"

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"Mr President, with the European Investment Bank’s 2008 report we are celebrating an anniversary: the EIB has now been actively contributing to the economic development of our continent for more than 50 years. As a European Union bank providing long-term loans, it plays a decisive role in combating the crisis we are experiencing today. We should pay tribute to the responsiveness that it has shown since autumn 2008. In 2008 alone, the EIB paid out EUR 10 billion more than it anticipated. As a member of Parliament’s Committee on Regional Development and Committee on Economic and Monetary Affairs, I am particularly interested in the EIB’s assistance for Europe’s small and medium-sized enterprises. To me it seems extremely important to continue to develop initiatives such as JEREMIE. Enterprises need equity, venture capital, guarantees, loans and the technical assistance proposed by JEREMIE. A year ago, the Auvergne region – a part of my ‘Euro constituency’ which Mr Audy, who is here, knows well – launched this aid mechanism for SMEs. It is worth EUR 25 million, EUR 18 million of which comes from the European Regional Development Fund (ERDF), and it will help small enterprises, support innovation and contribute to overcoming the crisis. I am pleased to see this constructive cooperation between the EIB, the European Investment Fund and our local authorities. Mr Maystadt, I am convinced that we must continue along these lines."@en1
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