Local view for "http://purl.org/linkedpolitics/eu/plenary/2013-02-05-Speech-2-198-000"

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"en.20130205.14.2-198-000"2
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"I welcome this resolution, which highlights the importance of strengthening the local banking system; underlines the responsibility and the functions of banks, ranging from European- to local-scale banks, in terms of investing wisely in the economy and more specifically in SMEs; notes the differences between Member States in the cost of borrowing for SMEs and in access to financing for SMEs resulting from the adverse macroeconomic context, which might have negative competitive implications in border areas; points out that, even though SMEs‘ problems in accessing credit still vary among Member States, the results of the October 2011 ECB Bank Lending Survey show a significant overall tightening of credit standards for loans to SMEs and demonstrate that reducing investments to a minimum can lead to a credit crunch; acknowledges, in addition, that there is a significant demand for micro-credits in the EU."@en1
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3http://purl.org/linkedpolitics/rdf/spokenAs.ttl.gz

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