Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-05-06-Speech-4-031"
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"en.20100506.3.4-031"2
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"President Adamkus, after Europe was struck by the financial and economic crisis, the support provided by the European Investment Bank to small and medium-sized enterprises (SMEs) became especially necessary. I view as positive the decision adopted by the bank in 2008 to allocate 42% more loans than in the previous year to SMEs, since they make up 99% of all of the European Union’s companies and employ more than 100 million people. Given that the economic crisis is not yet over and the level of unemployment is still rising, we must ensure that the European Investment Bank further increases borrowing opportunities for SMEs, improves access to capital and simplifies the complicated bureaucratic rules so that projects can be funded more quickly and more effectively, particularly in those Member States and sectors that have suffered most from the crisis. As well as support for the companies I have mentioned, the European Investment Bank should also continue devoting significant attention to funding the development of a sustainable, competitive and secure energy infrastructure and a harmonious transport sector infrastructure."@en1
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