Translation of "initiative génératrice d'emplois " (French → English) :

1. Welcomes the Commission Communications ‘Social Business Initiative’ and ’Towards a job-rich recovery’, with recommendations to national governments on improving the framework conditions for social enterprises which can lead to new opportunities and jobs, inter alia in the fast-growing area of health and social care (the so-called white sector) and in the environmental area (the so-called green sector) – two areas that offer new chances to the social and wider economy;

1. Welcomes the Commission Communications ‘Social Business Initiative’ and ‘Towards a job-rich recovery’, with recommendations to national governments on improving the framework conditions for social enterprises which can lead to new opportunities and jobs, inter alia in the fast-growing area of health and social care (the so-called white sector) and in the environmental area (the so-called green sector) – two areas that offer new chances to the social and wider economy;

1. Welcomes the Commission Communications ‘Social Business Initiative’ and ’Towards a job-rich recovery’, with recommendations to national governments on improving the framework conditions for social enterprises which can lead to new opportunities and jobs, inter alia in the fast-growing area of health and social care (the so-called white sector) and in the environmental area (the so-called green sector) – two areas that offer new chances to the social and wider economy;

Other measures will focus on encouraging a jobs-rich recovery, and continuing to shape the sustainable economy vital for the long term.

Making a success of sustainable development means fostering private initiative, educating and informing the public, continuing to pursue healthy macro-economic policies that generate jobs, accelerating structural reform and promoting investment in infrastructure and human resources.

The Council also adopted the following conclusions on SME access to financial markets: "COUNCIL CONCLUSIONS ON THE FEASIBILITY OF CREATING A EUROPEAN CAPITAL MARKET FOR SMALL AND MEDIUM-SIZED ENTERPRISES In the light of the debate held on the basis of the Commission's communication on the creation of a European capital market for smaller entrepreneurially managed growth companies and given the opportunity to promote the setting up of innovative projects in any area of activity, strengthening these enterprises' capital structures, in order to facilitate the development of European SMEs and create new jobs in the Union, THE COUNCIL: - welcomes the European Commission's initiative to promot ...[+++]e the debate on the creation of new Europe-wide capital markets; - invites the Commission to go deeper into the conclusions of its communication and report to the next Industry Council on ways to overcome the various obstacles currently existing in the Member States, including obstacles inhibiting the channelling of funds of institutional and private investors, in order to support the creation of secondary European Capital Markets for SMEs, taking into account the national systems and experiences already under way; - submits to the Commission's consideration the advisability of encouraging investors to join the European secondary capital market in order to mobilise additional financial resources for European SMEs; - urges the Commission to cooperate with Member States in order to overcome the difficulties that exist in making cross-border security transactions, by facilitating progress towards the future operation of a pan-European secondary capital Market, such as EASDAQ (European Association of Security Dealers Automated Quotation).