Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-22-Speech-2-021-000"
| Predicate | Value (sorted: default) |
|---|---|
| rdf:type | |
| dcterms:Date | |
| dcterms:Is Part Of | |
| dcterms:Language | |
| lpv:document identification number |
"en.20120522.4.2-021-000"2
|
| lpv:hasSubsequent | |
| lpv:speaker | |
| lpv:spokenAs | |
| lpv:translated text |
"Mr President, gaining access to funding, which is so essential to their growth and development, continues, nonetheless, to be one of the major challenges facing SMEs, both at European and national level, with them being one of the sectors hit hardest by the current economic crisis. Participating in projects financed by Structural Funds now offers a real chance for survival. However, European institutions, and especially national governments, retain the vital role of supporting SMEs by means of economic measures which will enable them to gain access to cash and investments so that they can complete the projects which are in progress.
The effectiveness and efficiency of the funds allocated to the financial instruments for SMEs have been diminished due to a regulatory framework that is inadequate and far too complicated for the different types of financial instruments used. The direct consequence of this is to discourage rather than encourage potential beneficiaries. In order to enable high-quality strategic projects to develop and ensure the biggest possible absorption of the Structural Funds earmarked for this sector, the private sector, immediate, specific measures need to be taken not only to simplify the rules of operation, but also to provide the necessary technical assistance in terms of accessing the funds, implementing the projects and improving entrepreneurial skills."@en1
|
| lpv:videoURI |
Named graphs describing this resource:
The resource appears as object in 2 triples