Activities of Marian HARKIN related to 2009/0096(COD)
Plenary speeches (1)
European Microfinance Facility for Employment and Social Inclusion (Progress) (debate)
Shadow reports (1)
REPORT Report on the proposal for a decision of the European Parliament and of the Council establishing a European Microfinance Facility for Employment and Social Inclusion (Progress Microfinance Facility) PDF (304 KB) DOC (436 KB)
Amendments (6)
Amendment 23 #
Proposal for a decision
Recital 3
Recital 3
(3) The ongoing Community and national efforts need to be strengthened to increase the supply and accessibility of micro- credits to a sufficient scale and within a reasonable time-frame so as to address the high demand of those who need it most in this period of crisis i.e. unemployed or vulnerable people, including the young who want to start or develop a micro enterprise including self- employment but do not have access to credit.
Amendment 32 #
Proposal for a decision
Recital 4
Recital 4
(4) The Commission Communication "A Shared Commitment for Employment"11 underlined the need to offer a new chance to the unemployed and open the road to entrepreneurship for some of Europe’s most disadvantaged groups, including the young.e. persons facing difficulties accessing conventional financial services. In addition to existing instruments, specific action is needed to further strengthen economic and social cohesion by reinforcing activities undertaken by the European Investment Bank and the European Investment Fund and other international financial institutions without prejudice to the activities of the Member States. The Commission therefore announced a proposal for a new EU microfinance facility to deepen the outreach of microfinance to particular at- risk groups and to further support the development of entrepreneurship, the social economy and micro-enterprises.
Amendment 63 #
Proposal for a decision
Article 2 – paragraph 1 - point c
Article 2 – paragraph 1 - point c
(c) micro-enterprises in the social economy which employ persons who have lost their job or which employ disadvantaged persons, including the youngpersons who face difficulties accessing conventional financial services.
Amendment 74 #
Proposal for a decision
Article 4 – paragraph 2
Article 4 – paragraph 2
2. The Facility shall be open to public and private bodies including democratically controlled cooperative financial institutions established in the Member States which provide microfinance to persons and micro-enterprises in the Member States.
Amendment 87 #
Proposal for a decision
Article 5 – paragraph 4
Article 5 – paragraph 4
4. The international financial institutions referred to in paragraph 2 of this Article shall conclude written agreements with the public and private providers of microfinance including democratically controlled cooperative financial institutions referred to in Article 4 (2) laying down their obligations to use the resources made available from the Facility in accordance with the objectives set out in Article 2 and to provide information for the establishment of the annual reports referred to in Article 8 (1).
Amendment 91 #
Proposal for a decision
Article 8 – paragraph 1
Article 8 – paragraph 1
1. The Commission shall receive annual implementation reports from the international financial institutions referred to in Article 5(2) setting out the supported activities in terms of financial implementation, distribution and accessibility of funding with regard to sectors and type of beneficiaries, applications submitted, contracts concluded, actions funded, results and, where possible, impact.