10 Amendments of Theodoros ZAGORAKIS related to 2016/2032(INI)
Amendment 2 #
Draft opinion
Paragraph 1
Paragraph 1
1. Recognises the increasing importance of micro-enterprises and SMEs in the cultural and creative sector for investment, growth, innovation and employment, but also in their key role in preserving and promoting cultural and linguistic diversity; acknowledges the problems in attracting capital owing to the limited data base, the lack of sufficient information and the difficulty of evaluating of intellectual property;
Amendment 3 #
Draft opinion
Paragraph 1 a (new)
Paragraph 1 a (new)
1a. Notes that most products and services in the creative sector are digital and are being increasingly accessed and used by consumers; notes the increased need for access to financial technology (FinTech) with lower financing costs, this being in the mutual interest of consumers, creators, distributors and publishers;
Amendment 9 #
Draft opinion
Paragraph 2
Paragraph 2
2. Underlines that Eurostat figures show that 2.9 % of the EU’s workforce, i.e. 6.3 million people, were employed in the cultural sector in 2014, which is comparable to the proportion of the workforce employed in the banking and insurance sector; calls on the Commission to provide financial incentives and technical support for start-up projects by young people concerned with cultural protection and and heritage;
Amendment 12 #
Draft opinion
Paragraph 2 a (new)
Paragraph 2 a (new)
2a. Notes that , in economic terms, sport accounts for 1.76 % of EU gross added value, corresponds to EUR 175 billion; notes that, although 2.12 % of jobs in Europe employing 4.5 million people are generated by sport, no major structural funding is being earmarked for it, from the ERDF for example; calls for measures to support SME staffing through grassroots sport and infrastructural measures through the ESF;
Amendment 13 #
Draft opinion
Paragraph 2 b (new)
Paragraph 2 b (new)
2b. Given the impact of the financial costs on growth, competitiveness and job creation in the EU, considers that the EU institutions should jointly develop a series of ‘smart regulations’ to step up the digitisation of financial services to reduce risk and ensure stability;
Amendment 14 #
Draft opinion
Paragraph 2 c (new)
Paragraph 2 c (new)
2c. Is examining the possibility of providing incentives for setting up PPPs to launch or administer sports and cultural infrastructures and supporting business plans to encourage sports and cultural tourism; is investigating the possibilities of innovation procurement under Horizon 2020 ;
Amendment 18 #
Draft opinion
Paragraph 3 a (new)
Paragraph 3 a (new)
3a. Notes that support for the cultural and creative sector could greatly help to combat youth unemployment and create new jobs, given the large numbers of young people pursuing studies in this area;
Amendment 20 #
Draft opinion
Paragraph 4
Paragraph 4
4. Understands that in order to improve access to finance in the cultural and creative sector it is necessary to develop expertise in assessing the specific risks of a lack of tangible collateral and a dependence on intangible assets; notes that this expertise is needed both within micro- enterprises and SMEs and within the financial institutions; stresses that intellectual property rights can be accepted as collateral; underlines the importance of harmonised legislative framework provisions regarding tax and intellectual property in the EU that could help attract investments and funding for cultural and creative SMEs;
Amendment 28 #
Draft opinion
Paragraph 5
Paragraph 5
5. Welcomes the launch of the Guarantee Facility of the Creative Europe programme as one of the means of addressing the pressing need for accessing loan financing for innovative and sustainable projects in the cultural and creative sectors, where the financing gap is expected to exceed EUR 1 billion per year according to the Commission’s ex-ante assessment; calls for measures to encourage digitalisation in small and medium-sized or family businesses engaged in related activities, such as regional and summer cinemas, to so as to keep pace with competition arising from the digital growth;
Amendment 39 #
Draft opinion
Paragraph 6
Paragraph 6
6. Considers it to be crucial that the EU and its Member States to put in place the preconditions for direct access to capital markets, broaden the range of financing instruments available to micro- enterprises and SMEs in the cultural and, creative and sports sector with new and innovative financing schemes such as microcredit, repayable contributions, crowdfunding, business angels risk capital finance and venture capital. , venture capital and peer-to-peer lending. urges the Member State authorities to consider the facilitation of funding through sustainable tax rates, given the specific nature of culture and sport.