Examples of using Microfinance facility in English and their translations into Czech
{-}
-
Official
-
Colloquial
We have launched the microfinance facility.
European Microfinance Facility for Employment and Social Inclusion Progress.
In terms of the content,it goes without saying that I support the idea of establishing a microfinance facility.
European Microfinance Facility for Employment and Social Inclusion(Progress) debate.
Against this background, I appreciate the welcome proposal from the European Commission on setting up the microfinance facility.
People also translate
This microfinance facility is complementary to other programmes that support employment and inclusion.
However, I do not think that the Progress programme should be jeopardised by the reallocation of funds to the microfinance facility.
The EU microfinance facility for employment is intended to provide the opportunity for a new start and to smooth the path to entrepreneurship.
However, it is worth mentioning that we should also answer the question as to which states are using the Microfinance Facility.
The European Progress Microfinance Facility was set up in March 2010 with some EUR 200 million in funding from the Commission and the Bank.
This is exactly why we have increased energy security,are supporting the creation of jobs and introducing a microfinance facility.
I hope that the new European microfinance facility for employment and social inclusion- Progress- will give them significant support in this respect.
If we want to stimulate economic conditions and reduce unemployment andsocial exclusion, we should increase funding for the Microfinance Facility.
I have voted in favour of the resolution to introduce the microfinance facility, because for me, the top priority is to adopt this resolution quickly.
The microfinance facility is supposed to give easier access to financial services to the unemployed and groups of businesspeople who have found themselves in a difficult situation.
I support the committee's initiative to increase the funding for the microfinance facility by 50%, compared with the Commission's proposal, to EUR 150 million.
Thank you very much, Madam President, and I am also very grateful for this clarification,as it is vitally important that we are now going to talk about the microfinance facility.
Unlike the other measures, the microfinance facility is actually intended to assist the most vulnerable groups in society who find it difficult to enter and return to the labour market.
We also welcome the minor successes,such as the support granted to dairy producers or the microfinance facility for SMEs, achieved after lengthy debate.
This new microfinance facility will make it possible to grant micro-credit to small enterprises and people who have lost their jobs and who want to start up their own business and create their own jobs.
Member of the Commission.- I would like to thank you for the comments andfor drawing attention to other funds apart from those I already mentioned: the Microfinance Facility, the European Social Fund and the European Globalisation Adjustment Fund.
That is why I welcome the creation of a microfinance facility for employment, focusing on entrepreneurship and giving everyone the opportunity to start their own business.
The microfinance facility itself, although it is very small, plays a really important role in ensuring access to credit for micro-enterprises in the social economy and it is crucial, now that financial institutions are not lending money.
According to these, EUR 100 million should be reallocated to finance Progress,the new European Microfinance Facility supporting employment and social solidarity in order to implement the'shared commitment for employment' mentioned in Commission communication COM(2009)257.
The microfinance facility is another piece in the jigsaw where the EU, in this case, is trying to ensure access to micro-credit for those who would not be able to access that credit from what we might define as the normal or usual financial institutions.
In any case, the European Parliament has not yet completed its examination of the Commission's proposals on the microfinance facility, and therefore the Commission should refrain from adopting specific measures regarding the funding of the Progress programme until the legislative procedure on the microfinance facility has been concluded.
I am convinced that the microfinance facility will be more effective and will achieve its goal if it is coordinated by taking national, regional and local programmes into account and receives sufficient funding.
However, until the codecision process between the Commission andthe European Parliament is up and running and the budget for the microfinance facility is completely clear, it would be a sensible idea for the European Commission to withdraw its proposal concerning the Progress annual plan of work for 2010 and not present the colegislators with a fait accompli.
The Progress Microfinance Facility proposed by the European Commission is an extremely important initiative which may be able to fulfil this role in reintegrating those groups affected by social exclusion.
It is only right, therefore, that the EU should establish a microfinance facility in response to this employment crisis and, in that way, also lend support to those programmes in the individual Member States which pursue the same objective.