Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-02-16-Speech-3-154-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-02-16"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"en"^^xsd:language2
lpv:document identification number	"en.20110216.11.3-154-000"2
lpv:hasSubsequent	lp_eu:2011-02-16-Speech-3-155-0002
lpv:speaker	lp:Marian Harkin2
lpv:spoken text	"Mr President, I am happy to support this resolution, but of course one of the main problems faced by SMEs is access to credit. This is a major impediment to job creation and indeed growth. In countries undergoing severe austerity measures – like my own country, Ireland – this issue is particularly severe and I believe it needs to be dealt with immediately. We need to act at EU level to ensure that banks are willing and able to finance SMEs. Recapitalisation of banks is important, but recapitalised banks with the SME sector on its knees is a recipe for disaster. My real fear is that we are going to end up with a highly capitalised banking system, while the real economy is on floor. We all talk about growth, and that is the only way that many of the peripheral economies can climb out of the abyss that they are already in. Yes, it is a balancing act, but we have a situation where the health of our financial institutions is improving day by day but SMEs still remain in intensive care."@en1
lpv:spokenAs	member; Delegation for relations with the United States (2009-09-16--2014-06-30)3 substitute; PETI (2009-07-16--2012-01-18)3 unknown; - (2009-07-14--2014-06-30)3 substitute; Delegation for relations with Australia and New Zealand (2009-09-16--2014-06-30)3 substitute; AGRI (2009-07-16--2012-01-18)3 member; EMPL (2009-07-16--2012-01-18)3 member_of_the_bureau; ALDE (2009-07-20--2014-06-30)3
lpv:unclassifiedMetadata	"Marian Harkin (ALDE ). -"1
lpv:videoURI	<go to Events_and_structure europarl>2

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