Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-03-29-Speech-4-281-000"

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"en.20120329.36.4-281-000"2
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"Madam President, I welcome the work of the European Investment Bank, especially the funding it provides to small and medium-sized enterprises. Nevertheless, I abstained on the vote because, while the report calls for more funding for SMEs, this funding comes with too many strings attached. SMEs are the life blood of the European economy. If they are left to flourish, they can promote economic growth and create jobs. However, this report places too much emphasis on the greening of the economy. By deprioritising projects which fail to meet these exact criteria, the EIB is placing an unnecessary burden on small businesses. Loans should be made to companies which are most likely to boost the European economy, not just firms that meet idealistic environmental standards."@en1
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