2 Amendments of Geoffroy DIDIER related to 2016/2237(INL)
Amendment 2 #
Draft opinion
Recital A
Recital A
A. whereas the social entrepreneurshipand solidarity- based economy itself is not governed by a clear legal framework at European level, but only at national level in some Member States;
Amendment 90 #
Draft opinion
Paragraph 7 a (new)
Paragraph 7 a (new)
7a. Takes the view that the time has come to review the European definition of ‘non-profit-making’ or to consider a third way, neither exclusively ‘non-profit- making’ nor exclusively ‘profit-making’, for organisations which may generate a profit which cannot, even in part, be distributed to their members and must be reinvested in full or used in full in another way to achieve a given social purpose; acknowledges the importance of providing financial support for enterprises in the social and solidarity- based economy, and proposes that EU laws applicable to State aid be revised to that effect, given that, as the Court of Justice’s Graphos Pain judgment of 8 September 2011 (Cases C-78/08 to 80/08) recognises for cooperatives, the profit margin for this type of enterprise, if it has one at all, is significantly smaller than that for companies with share capital, which are better able to adapt to the dictates of the market and raise funds;