Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-02-15-Speech-2-626-000"
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"en.20110215.30.2-626-000"2
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"I suppose my question is a slightly difficult one, in that it relates to countries that are implementing severe austerity measures like my own, Ireland.
This is the bottom line: SMEs need access to credit and they are not getting that for a number of reasons, perhaps because banks are looking for more collateral than they can provide, or sometimes, SMEs just do not want to risk borrowing in the current climate when there is no growth.
My question is, in that context, could the Commission endorse other measures such as loan-guarantee schemes or, indeed, an extension of the EU microfinance facility?"@en1
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