4 Amendments of Ramón Luis VALCÁRCEL SISO related to 2016/2032(INI)
Amendment 3 #
Draft opinion
Paragraph 1
Paragraph 1
1. Emphasises the key role of SMEs in generating growth and employment in EU regions; notes that in the current climate of fiscal constraint, cohesion policy is a vital and points out that both the European Commission and the European Central Bank recognise that access to financing is the second most serious problem facing SMEs; notes that in the current climate of crisis, and especially in those countries worst affected by this, fiscal constraint, high levels of bank dependency and loss of investor confidence, amongst other things, have paralysed the flow of finance into the real economy, and particularly into long-term investments; emphasises that in these circumstances cohesion policy represents one of the main sources of support for SMEs;
Amendment 10 #
Draft opinion
Paragraph 1 a (new)
Paragraph 1 a (new)
1a. Believes that major dysfunctions persist on the financial market as regards the granting of loans, in particular, when it comes to financing for newer and smaller enterprises; believes also that the differences in interest rates are still quite high between the various Member States, which makes it difficult for SMEs to access credit, especially in those countries most affected by the crisis, and feels that this should be rectified;
Amendment 19 #
Draft opinion
Paragraph 2
Paragraph 2
2. Welcomes initiatives designed to diversify sources of funding and reduce the cost of capital 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; believes that both the EU and the Member States must continue to develop and expand European ‘business angels’ networks and ways of increasing ‘crowd- funding’ potentials, to ensure that the survival of SMEs does not depend solely on financing from banks;
Amendment 34 #
Draft opinion
Paragraph 3
Paragraph 3
3. CPoints out that the European Council of March 2014 reiterated that strengthening the competitiveness of European industry was an absolute priority for growth and employment policies and stressed the need for this to be mainstreamed into all EU policies, and therefore calls on the Commission and Member States to provide a clear and stable legal environment, 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, and also with other EU programmes that can provide funding to SMEs, such as LIFE+, Creative Europe and the funds for social entrepreneurship by social businesses, or with European Investment Bank instruments, which can provide financing that is more targeted and appropriate to their needs, based on the sector in which the SME is carrying on its activities; welcomes the Juncker investment plan, and draws SMEs'’ attention to the opportunities offered by the European Fund for Strategic Investment (EFSI);