- Relazione: Kinga Gonez writing. - I voted for the report Kinga Goncz on the European system of microfinance. Microfinance for microloans (loans of less than 25 000 euros) and microenterprises (businesses with fewer than 10 people). In this time of economic crisis and because of the decrease in the number of loans it is essential that the European Union to establish an instrument sent to the most vulnerable, such as unemployed youth and small businesses. When an economy or jobs are at stake, it is essential to stimulate growth with significant investments. The funding will amount to 100 million euros from the budget PROGRESS (Program for Employment and Social Solidarity) and will enter into force on 1 January 2010 (for a period of 4 years). The Council should heed this message to go towards an agreement in the coming days.