Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-09-12-Speech-3-521-000"

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"en.20120912.27.3-521-000"2
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"Mr President, my thanks go to the rapporteurs, Ms Auconie and Mr Lamberts, who have done an excellent job in connection with these proposals for regulations. I would particularly like to raise the issue of investment in social enterprises, the main aim of which is not to make a profit, but to develop those businesses whose activities are extremely valuable for society as a whole. In many Member States these companies are legally obliged to operate in exactly the same environment and according to the same rules as other enterprises, even though it is certainly far more difficult for them to attract financing and investment for their business. Often a social enterprise is fundamentally a business that is based on an organisation, a foundation or voluntary work, and which needs capital for it to operate. I believe that this Rrgulation will boost confidence in social entrepreneurship funds and among investors in them, and enhance the reputation of such funds. As has been mentioned here, we should not be naïve; good intentions will not prevent attempts at abuse, and that is why it is important to support proposals to stop abuse of funds of this sort or distortion of competition between different funds. For the sake of greater confidence, we also need to investigate openly loopholes in connection with tax evasion and tax havens."@en1
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