Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-09-13-Speech-4-267-750"
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"en.20120913.29.4-267-750"2
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"This proposal for a regulation establishes the legal framework under which different types of investment fund can be granted the status of ‘European Venture Capital Fund’ and a respective ‘passport’ intended for venture capital funds. The aim is to create a European venture capital investment sector for small and medium-sized enterprises (SMEs). While it is a fact that funding for SMEs is problematic in the EU, the solution cannot be to move solely to private funds whose principal aim is profit, exonerating the state of its responsibility to support growth and employment. I therefore abstained."@en1
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