Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-22-Speech-2-057-125"

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"en.20120522.4.2-057-125"2
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"Numerous SMEs in Europe are facing the problem of accessing capital, while the cohesion policy is meant to improve the current situation. Therefore, the instruments aimed at improving access to funding play a vital role. In Romania, SMEs account for 99.7% of all companies. In addition, they generate two-thirds of jobs. Funding is, indeed, one of the most serious problems that SMEs face as only 15% of them receive any credit from banks. This is why it is vital for them to be involved in projects financed by the Structural Funds as they provide an important source of development for small and medium-sized enterprises. The JEREMIE holding fund is subsidised in my country by the European Regional Development Fund (ERDF), and its objectives are to achieve sustainable growth in the production sector. At the same time, another aim is to create an environment conducive to the development of businesses by adopting a flexible strategic approach. So far, roughly 6 000 contracts outlining funding have been signed, aimed at the SME sector, as part of the development programmes. I should emphasise the importance of retaining initiatives of this kind as part of the future cohesion policy. At the same time, I welcome the use of European funds in supporting the creation of SMEs, in particular by young people. This will spark the entrepreneurial spirit among them, thereby also ensuring economic growth and a decline in the unemployment rate."@en1

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