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Very small companies could be exempted from having to draw up annual accounts, after MEPs approved changes to EU accounting rules.

The report is the result of a survey of microfinance in Central Europe and Central Asia at the dawn of the crisis.

EU Employment and Social Affairs Ministers today agreed on the new facility to provide loans to people who have lost their jobs and want to start or further develop their own small business.

The European Commission has adopted its proposal for the "Europe 2020" strategy: "EUROPE 2020 A strategy for smart, sustainable and inclusive growth".

This article published in the economic French press "Les Echos" argues that banks could find some economic and strategic reasons for proposing microfinance products to the public.

With the publication of this annual report, CEFiP aspires to supply a complete view of the complexity of the credit and credit-insurance mediation process.

Small and medium-sized enterprises in the Eurozone do find the financing they ask from banks, but they have more and more difficulties in obtaining it.

Mr László Andor, the new European Commissioner for Employment, Social Affairs and Inclusion, on February, 11, commented the vote of the European Parliament in Strasbourg in favour of the new microfinance facility.

This study was carried out among more than 3 000 business leaders in 8 countries.

When the crisis arrived, it is the poorest households which were struck, and much harder than during previous recessions according to a report published by the Institute of Public Policy Research in the United Kingdom.The study shows the daily realities of low-income families living in the United Kingdom.

The European microcredit facility will be partially financed by the "Progress" programme for employment and social solidarity.

Maria Nowak, President of Adie, announced during a meeting with Muhammad Yunus, the creation of an observatory of popular entrepreneurship.

Daniel Sorrosal was recruited as EMN Senior Programme Officer based in Brussels, in January, 2010.

The German government has set up a special microcredit fund of  €100 million to help very small firms to which banks refuse to borrow, announced Minister of Employment, Ursula von der Leyen on January, 27, 2010.

During “the Show of the Entrepreneurs”, Mr. Baudouin Prot, President of the French Banks Federation (FBF), and Mr. Christian Sautter, President of France Active, sign an agreement of partnership to facilitate the new business start-up by the job-seekers and to value the professional banking microcredit in France.

The debate, organized by Radio Netherlands Worldwide, will focus on the key challenges facing microfinance institutions (MFIs) amid growing questions over whether they have a real impact in reducing poverty.

EMN strongly believes that microfinance can and must play a key role in contributing to the goals of the EU 2020 Strategy.

The French banks want to develop personal microcredit and just have established common principles under the auspices of the French Banking Federation (FBF); the aim is to grant 10,000 to 15,000 microcredits 2011.

In 2009, Adie, the primary operator of microcredit in France, granted 14,600 microcredits to persons excluded from bank credit in order to help them create their own employment.

This report raises a complete portrait of the performances of the institutions of finance of community development (CDFIs) to the term of year 2009.

Fejér Enterprise Agency wishes to mitigate the negative impacts the economic crisis has on micro entrepreneurs by launching a new microcredit construction co-financed by the local government of the town of Székesfehérvár.

The RegioStars Jury, under the chairmanship of Dr Jan OLBRYCHT MEP, has now chosen 24 finalists across the six categories.The 24 project promoters have been invited to present their projects in Brussels on 27 January 2010.

Thanks to EMN’s peer to peer exchange visits programme, the Fundación Nantik Lum was able to conduct an official visit to the Fondazione Giordano Dell’Amore during the celebration of RITMI’s annual conference in December 2009.

Following the call for Expression of Interest for the Jasmine Technical Assistance programme, launched by the EIF, we are very pleased to announce that 10 EMN members have been selected to benefit from an adapted technical assistance in 2010.

The report of Kinga Göncz including a modification has been adopted on 15th of December in Strasbourg.

EMN Research Working group has published its first e-bulletin on the effects of the economic crisis on European microfinance.