Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-22-Speech-2-050-000"

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"en.20120522.4.2-050-000"2
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"Mr President, SMEs are the backbone of the European economy and, unfortunately, the economic and financial crisis has had a powerful impact not only on their position, but also on their development prospects, with many SMEs not having any access to funding. Given that European funds are the main source of funding and obviously the only EU instruments for creating jobs and supporting SMEs, I think that: 1. it is absolutely essential for the cohesion policy budget earmarked for this category of beneficiaries to be retained for the forthcoming programming period, and 2. it is absolutely vital to involve local and regional authorities right from the initial stages of outlining and developing the future operational programmes so as to apply a cohesion policy more effectively to support SMEs while, at the same time, funds must be allocated according to the areas’ specific features."@en1
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