Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-02-16-Speech-3-277-000"
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"en.20110216.11.3-277-000"2
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"Small and medium-sized enterprises (SMEs) are the backbone of our society and the engine of our economy. Both in Lithuania and the EU SMEs account for 99% of all businesses. SMEs create more than 70% of jobs for Lithuanians. SMEs make a fundamental contribution to implementing the objectives of the Treaty of Lisbon, which promote innovations, competitiveness, social cohesion and job creation. It is therefore important to create an environment in which this can develop. SMEs, as well as start-ups and innovative enterprises must be given better access to the EU’s financial instruments. The availability of credit and loan guarantee schemes is crucial to exploiting the growth and job potential offered by SMEs. Currently many investment plans risk not being implemented due to uncertainties and a lack of funding. It is therefore important for banks to upgrade liquidity provision and support investment in the real economy. It is also important to support equity markets for start-ups and innovative enterprises. We must try harder to remove administrative obstacles. This will require progressive management and economy linked to innovative financial instruments."@en1
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