Meeting of the EESC president with Dominique de Crayencour and Jorge Ramirez Puerto

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On 28 June, the President of the European Economic and Social Committee met in Brussels with Dominique de Crayencour, Director of Institutional Affairs and Head of the Brussels office of the European Investment Bank (EIB) and Jorge Ramirez Puerto, General Manager of the European Microfinance Network.

The meeting took place in the framework of the organisation of the second microfinance day and was a good opportunity to discuss the results of the first conference where the EESC expressed its support to microfinance as a powerful tool to help fight financial exclusion.

The EESC has worked on the issue and is convinced that microfinance is a way of fostering the entrepreneurial spirit and of creating new jobs in micro-enterprises. In order to reduce complexity and elevated cost related to microcredits, the EESC proposes, on the one hand, to develop standardised high-tech services, and on the other hand to provide guarantees and co-financing.