Translation of "extension credit " (English → French) :

15. Strongly believes that, as a result of the interrelation of financial, employment and social welfare systems, the micro-credit initiative at EU level has to be complemented by policies at a national level, such as training, coaching and capacity building; calls on the Commission and the Member States to pursue further research on innovative techniques for safeguarding and risk mitigation of micro-credits; believes that an extensive exchange of best practices is required;

39. Draws attention to the need for sufficient technical and skilled personnel; therefore, believes that more investment is needed in education and that the links between educational institutions and SMEs should be strengthened, so that the promotion of self-employment, entrepreneurship culture and business awareness is included in the national education curricula; encourages the further extension of individual mobility schemes such as "Erasmus for young entrepreneurs" and "Erasmus for apprentices", in particular in relation to female participation; supports the envisaged extension of the scope of the Leonardo da Vinci programme and the creation of a ...[+++] European Credit System for Vocational Education and Training; urges the Member States, in collaboration with social partners and training providers, to set up work-based vocational and occupational (re)training and lifelong learning programmes specifically tailored to SMEs" needs that will be co-financed by the European Social Fund; calls on the Commission to facilitate exchange of best practices in innovative training and measures to reconcile work and family life and to promote gender equality;

39. Draws attention to the need for sufficient technical and skilled personnel; therefore, believes that more investment is needed in education and that the links between educational institutions and SMEs should be strengthened, so that the promotion of self-employment, entrepreneurship culture and business awareness is included in the national education curricula; encourages the further extension of individual mobility schemes such as „Erasmus for young entrepreneurs" and „Erasmus for apprentices", in particular in relation to female participation; supports the envisaged extension of the scope of the Leonardo da Vinci programme and the creation of a ...[+++] European Credit System for Vocational Education and Training; urges the Member States, in collaboration with social partners and training providers, to set up work-based vocational and occupational (re)training and lifelong learning programmes specifically tailored to SMEs’ needs that will be co-financed by the European Social Fund; calls on the Commission to facilitate exchange of best practices in innovative training and measures to reconcile work and family life and to promote gender equality;

1. No credit institution may have a qualifying holding the amount of which exceeds 15% of its own funds in an undertaking which is neither a credit institution, nor a financial institution, nor an undertaking carrying on activities which are a direct extension of banking or concern services ancillary to banking, such as leasing, factoring, the management of unit trusts, the management of data processing services or any other similar activity.

2. The total amount of a credit institution's qualifying holdings in undertakings other than credit institutions, financial institutions or undertakings carrying on activities which are a direct extension of banking or concern services ancillary to banking, such as leasing, factoring, the management of unit trusts, the management of data processing services, or any other similar activity may not exceed 60% of its own funds.

5.124. Definition: The sub-category trade credits and advances (F.71) consists of all transactions in trade credits and advances (AF.71) that is financial claims arising from the direct extension of credit by suppliers and buyers for goods and services transactions and advance payments for work that is in progress or to be undertaken and associated with such transactions.