1 Amendments of Alfred SANT related to 2016/2307(INI)
Amendment 8 #
Draft opinion
Paragraph 5
Paragraph 5
5. Stresses that the way EU funding instruments such as the European Fund for Strategic Investments (EFSI) mustare structured must be adjusted in line with the aim of improveing the socio-economic convergence of EU Member States and regions by increasing support for SMEs; notes that an increase in such investment is especially needed in the EU's lagging regions, some of which have been characterised by a persistent lack of growth over the last decade; calls for the European Investment Fund (EIF) to present and implement new products provided for under the SME Window (SMEW) in order to accelerate the implementation of the EIF mandate in InnovFin, COSME and RCR, in accordance with the EFSI Regulation, in particular the SMES Equity Product and the uncapped guarantees for riskier loans to innovative SMEs and small mid-caps, and for the EU Programme for Employment and Social Innovation to foster access to micro-finance for vulnerable groups, as well as micro- and social enterprises.