Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-09-12-Speech-3-524-000"

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"Mr President, unfortunately, we are going through a period when the primary objective of business start-ups is to obtain immediate and substantial profits. The regulation of European social entrepreneurship funds is a great opportunity for those entrepreneurs whose primary objective is to achieve social impact, which unfortunately has been less and less targeted lately. However, I am concerned about the risk that the leverage outlined in the report and insufficiently explained in detail might be used for inappropriate purposes. Therefore, I think we need to focus our efforts on drafting a regulation that is as comprehensive as possible, providing specific protection and control rules in order to fully eliminate any possibility of misuse of these funds, which have enormous potential for social progress."@en1
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