6 Amendments of Tonino PICULA related to 2016/2032(INI)
Amendment 6 #
Draft opinion
Paragraph 1
Paragraph 1
1. Emphasises the key role of SMEs in generating growth and employment in EU regions, ensuring two thirds of jobs in private sector and more than half of the added value created by the enterprises in the EU; notes that in the current climate of fiscal constraint, cohesion policy is a vital source of support for SMEs to enhance their competitiveness;
Amendment 17 #
Draft opinion
Paragraph 2
Paragraph 2
2. Welcomes initiatives designed to diversify sources of funding and reduce the cost of capitalto ensure easier access to finance for SMEs; stresses the need to improve the way in which capital markets fund the real economy, by developing alternatives to bank loans, and to make EU funding more attractive to SMEs;
Amendment 32 #
Draft opinion
Paragraph 3
Paragraph 3
3. Calls on the Commission and Member States to provide a clear and stable legal environment and effective advisory support, and to guarantee coordination, consistency and synergies between instruments and programmes which support SMEs, such as the European Structural and Investment Funds (ESI funds), Horizon 2020 and COSME; welcomes the Juncker iEuropean Fund for Strategic Investment plan,s (EFSI) and draws SMEs' attention to the opportunities offered by the European Fund for Strategic Investment (EFSI)is fund;
Amendment 49 #
Draft opinion
Paragraph 4
Paragraph 4
4. Stresses that the complexity of the rules and the amount of red tape involved in obtaining ESI funding, including disproportionate administrative costs disproportionate to their size and the time lag before payments are actually received, affects SMEs in particular; calls for a thorough simplification of the process, and urges the Commission to clarify how the rules governing ESI Funds and the rules on State aid fit togetherco-exist;
Amendment 54 #
Draft opinion
Paragraph 4 a (new)
Paragraph 4 a (new)
4a. Emphasises the need to decrease and rationalize excessive administrative and regulatory burden which is imposed on SMEs; at the same time stresses the need to avoid multiple regulatory requirements imposed on credit institutions, in particular smaller banks;
Amendment 62 #
Draft opinion
Paragraph 5
Paragraph 5
5. Notes that, setting aside the issue of their size, each SME is different and there are many factors which determine their needs and the ease with which they can obtain funding, such as where they are based, the business sector in which they operate and the stage they have reached in their development; calls on the Commission, Member States and, regional and local authorities to take these factors and Article 174 of TFEU into account in coming up with cost-efficient tailor-made financing arrangements which in particular exploituse the scope for combining subsidies and funding instruments.