1 Amendments of Patrizia TOIA related to 2008/2122(INI)
Amendment 7 #
Draft opinion
Paragraph 3
Paragraph 3
3. Points out that 91.5% of EU enterprises are micro-enterprises (enterprises with less than ten employees) and that the greatest barrier to more innovation for those enterprises results from restricted access to credit, especially small loans (under EUR 25.000); believes therefore, that the Commission's proposal for a micro-credit initiative is a useful tool to enhance employment in micro-enterprises, to enable those excluded from the conventional credit system to start up new activities, and to boost innovation in the EU;