An action plan to improve access to finance for SMEs

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Adopted on 19/09/2012
Reference
INT/632-EESC-2012-1411
Opinion Type
Referral
Referral
COM(2011) 870 final
Official Journal
OJ C 351, 15.11.2012, p. 45
Rapporteur
Ms Anna Maria Darmanin
Workers - GR II
Malta
Co-rapporteur
Mr Ronny Lannoo
Civil Society Organisations - GR III
Belgium
Plenary session number
483
-
SMEs
Financial markets
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See EESC opinion in all languages under Related documents at the end of this page.

Key points:

Europe's economic recovery can only be achieved if SME policy is high on the agenda of European policy makers. The EESC therefore considers that:

  • Member States should also implement the action plan, develop guarantee funds and use Structural Funds for financial instruments.
  • The Basel III proposals must be properly implemented in Europe with the forthcoming CRD IV Directive.
  • The European venture capital market should be boosted.

The EESC supports the proposal to simplify and make more transparent the EU Debt Financial Instrument and EU Equity Financial Instrument under the forthcoming Multiannual Financial Framework Programme.

Earlier EESC opinions:

For more information please contact the INT Section Secretariat

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