Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-03-13-Speech-2-504-000"
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"en.20120313.21.2-504-000"2
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"Ms Jazłowiecka, this is also a very important question. We need to find a good balance in terms of what we are doing in each country, with a great deal of courage on the part of the governments, in order to control public finances, sort out the budgets and reduce the current deficits or debts, which will be the taxes for our children. Along with the collective measures that we are putting in place with your support, with the ‘six-pack’ and soon the new fiscal treaty, we need to ensure that there is good management in Europe and good management in each country, while ensuring that these measures, which are all rigorous, do not curb growth.
In my opinion, it is time to develop a European growth initiative and to implement together, in a proactive plan, short-term measures, such as those taken or currently being taken to revitalise the interbank sector – and that was the very important role of the European Central Bank and the European Investment Bank – the targeted reallocation of the Structural Funds and the project bonds that Mr Kallas mentioned a few moments ago. Those are short-term measures.
Then there are the medium-term measures, for which we need time to adopt the texts. They form the ecosystem that we are creating together with these 50 measures to support the internal market. They include mobility, investment, innovation and risk capital and, Ms Jazłowiecka, among these measures is the sector that you are talking about and one that is very important, in my view. It is not by chance that it is included in the 12 levers. It is social business, which today accounts for between 15% and 18% of Europe’s employment and GDP. It covers all of the social economy businesses, for which we have already submitted to you the statute for a new financial vehicle: social investment funds. More recently, we have had the Statute for a European Foundation. We are going to continue to support this sector, which is very important, in my view. These are, of course, profitable businesses, but they are also businesses that have a particularly ethical dimension, be it in the composition of their staff, for example, disabled people or trainees, or in the markets that they are trying to capture from a social or environmental perspective. I will therefore continue patiently to develop the measures aimed at facilitating the financial and regulatory aspects and the visibility of this sector of social business."@en1
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