Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-05-06-Speech-4-049"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-05-06"^^xsd:date2
dcterms:Is Part Of	lp_eu:European Investment Bank (EIB) - Annual Report 2008 (debate)2
dcterms:Language	"en"^^xsd:language2
lpv:document identification number	"en.20100506.3.4-049"2
lpv:hasSubsequent	lp_eu:2010-05-06-Speech-4-9992
lpv:speaker	lp:Jim Higgins2
lpv:spoken text	"I greatly appreciate the continued support expressed by the European Investment Bank (EIB) for Ireland during the economic crisis. The EIB has responded admirably to the serious liquidity constraints and the tight credit conditions resulting in serious problems in the financing of small and medium-sized enterprises (SMEs) and the declining confidence in the financial markets. The EIB has also played an important role in the European Economic Recovery Plan, especially with regard to the enhanced financing for SMEs, energy from renewable sources and clean transport. It is crucial that the EIB applies bolder risk-taking in its lending policy towards SMEs in order to allow SMEs to access capital for risk-taking projects. Last year the EIB provided Ireland with EUR 1.02 billion for six operations, the highest level ever achieved in Ireland. I welcome the fact that banks acting as intermediaries are contractually obliged to lend to SMEs at least twice the amount of their loan from the EIB, to ensure that the benefits derived from EIB funding are passed on to SMEs. However, this regulation needs close supervision as many SMEs in Ireland struggle to borrow from Irish banks in receipt of EIB loans."@en1
lpv:spokenAs	substitute; PETI (2009-07-16--2012-01-18)3,3 substitute; PECH (2009-07-16--2012-01-18)3,3 quaestor; European Parliament (2009-07-15--2012-01-16)3,3 substitute; Delegation for relations with Japan (2009-09-16--2014-06-30)3,3 member; Delegation to the Euro-Latin American Parliamentary Assembly (2009-09-16--2012-09-12)3,3 member; Delegation to the EU-Chile Joint Parliamentary Committee (2009-09-16--2012-09-12)3,3 member; Parliament's Bureau (2009-07-15--2012-01-16)3,3 member; TRAN (2009-07-16--2012-01-18)3,3 unknown; Fine Gael Party (2009-07-14--2014-06-30)3,3 member; Quaestors (2009-07-15--2012-01-16)3,3 member_of_the_bureau; EPP (2010-02-25--2014-06-30)3,3
lpv:unclassifiedMetadata	"Jim Higgins (PPE )."1

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