10 Amendments of Diogo FEIO related to 2012/2134(INI)
Amendment 10 #
Motion for a resolution
Recital A a (new)
Recital A a (new)
Aa. Whereas it is crucial to create and develop the necessary tools and lay the right conditions that will able the Union to boost growth in the eurozone and in the Union as whole;
Amendment 16 #
Motion for a resolution
Recital B a (new)
Recital B a (new)
Ba. whereas SMEs constitute the dominant category of business organisation in all EU countries with more than 23 million enterprises, representing 99.8% of the market, and their contribution to the EU-GDP is up to 60%;
Amendment 17 #
Motion for a resolution
Recital B b (new)
Recital B b (new)
Bb. whereas 85 % of all new jobs in the EU between 2002 and 2010 were created by SMEs, in particular by new firms; whereas 32.5 million people in the EU are self-employed;
Amendment 42 #
Motion for a resolution
Paragraph 4 a (new)
Paragraph 4 a (new)
4a. Recalls that in the current economic situation and due to the severe impact it is having in the European banking system, due to its link with sovereign, alternative ways to access finance to SMEs needs to be found; Stresses that the current situation can prove itself ideal to create permanent alternative ways that could help breaking the link between SMEs financing and bank credit;
Amendment 61 #
Motion for a resolution
Paragraph 7 a (new)
Paragraph 7 a (new)
7a. Stresses that the Commission should emphasize the important role that the stock market can play as a way for SMEs to obtain their financing requirements at different stages;
Amendment 62 #
Motion for a resolution
Paragraph 7 b (new)
Paragraph 7 b (new)
7b. Recalls that stock markets designed specifically for SMEs are already in place, such as NYSE Alternext, a market designed to response to specific market and financing requirements in the Eurozone; Whereas this self-regulated market, in operation since 2005, has already allowed SMEs to raise their capital between 2,5 millions € and 15 millions €, which clearly demonstrates the impact and added value that the stock market can have as tool for the financing of SMEs;
Amendment 63 #
Motion for a resolution
Paragraph 7 c (new)
Paragraph 7 c (new)
7c. Whereas the stock market offers access to liquidity both for companies and investors and should be used by SMEs as a way to step up growth, facilitate the withdrawal of an investor or prepare for an inheritance or buyout;
Amendment 64 #
Motion for a resolution
Paragraph 7 d (new)
Paragraph 7 d (new)
7d. Stresses that beside being an alternative way for SMEs to access finance, due to the requirements and conditionality's of the stock markets, they have the added value of improving substantially the organization, management and reporting skills of this companies and by that contributing significantly to strengthen this category of business organisation;
Amendment 130 #
Motion for a resolution
Paragraph 23 a (new)
Paragraph 23 a (new)
23a. Calls on the Commission to develop ways of making tailor made SMEs stock markets more attractive both to institutional investors (such as hedge funds, investment funds, pension funds, insurance companies among others) and private investors; Whereas this could be achieved by introducing more friendly tax regimes for investors that would channel part of their investments for SMEs, or by fostering the use of SMEs specialized investments funds, for example in partnership with the EIB, or by supporting mechanisms through which a small group of SMEs, that are already in the stock market and that share the same kind of risk weight, could issue common bonds with medium and long maturity, increasing the attractiveness of this markets to all investors;
Amendment 134 #
Motion for a resolution
Paragraph 23 b (new)
Paragraph 23 b (new)
23b. Stresses that due to the vital role that SMEs play in the Unions' economy, it makes them the more potent contributors to economic growth and job creation in the upcoming years and for this reason; Calls on the Commission and Member States to act fast in creating the necessary space that the SMEs need to be able to properly finance themselves and drive the Unions' economy;