Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-22-Speech-2-013-000"
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"en.20120522.4.2-013-000"2
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"Mr President, one of the most serious problems for small and medium-sized enterprises (SMEs) is access to finance. The Commission’s cohesion policy should be able to help resolve this problem. There are various programmes which have already been mentioned. A study by the European Parliament on the effectiveness of the Structural Funds and other measures aimed at regional SMEs has evidently highlighted some weaknesses. These include a failure to distinguish between different types of SMEs – such as micro-enterprises, but also self-employed people – major bureaucratic obstacles during the process of applying for finance, together with the reporting and monitoring requirements, the need for advance funding for projects and a lack of standardisation of the rules and procedures across different subsidy programmes.
This leads me to make a few requests to the Commission. We should be able to simplify the process of obtaining finance from the Structural Funds. We need to improve the access to Joint European Resources for Micro to Medium Enterprises (JEREMIE). The contribution of EUR 50 000 required from the applicants is too high. We need to relax the requirement for advance funding for projects. We also need to take a more targeted approach to providing finance for different types of SMEs, to reduce the amount of cofinancing required and to close the financing gap between the individual depreciation cycles. In addition, we need more support to help SMEs to help themselves in the area of financing. Professional organisations could make a contribution in this respect. We must help SMEs to become stronger and to increase their capital. They have to do this in order to obtain loans from the banks.
Mr Hahn, it is, of course, also important that Basel III is implemented in such a way that it does not obstruct the process of lending to SMEs, but instead creates opportunities for companies to access loans easily and under favourable terms."@en1
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