{"id":18035,"date":"2013-02-01T12:19:13","date_gmt":"2013-02-01T11:19:13","guid":{"rendered":"https:\/\/www.esteri.it\/sala_stampa\/archivionotizie\/comunicati\/2013\/02\/20130201_puntare_microfinanza-2\/"},"modified":"2013-02-01T12:19:13","modified_gmt":"2013-02-01T11:19:13","slug":"20130201_puntare_microfinanza","status":"publish","type":"post","link":"https:\/\/www.esteri.it\/en\/sala_stampa\/archivionotizie\/approfondimenti\/2013\/02\/20130201_puntare_microfinanza\/","title":{"rendered":"Terzi: micro finance to prevent social fragility"},"content":{"rendered":"<p><P>Microfinance is one of the instruments for \u201caddressing inertia and social fragility, which is essential in safeguarding the quality of democracies\u201d in order to prevent \u201cmaterial distress from encouraging populist deviation and citizen regression\u201d. Minister Giulio Terzi thus explained the anti-crisis role of microcredit and microfinance, as he spoke at the second edition of the \u201cMicrofinance and European Union policies Forum\u201d organized by the National Microcredit Agency.<\/P><br \/>\n<P><STRONG>Microfinance &#8220;expands business opportunities\u201d<\/STRONG><\/P><br \/>\n<P><STRONG><\/STRONG><\/P><br \/>\n<P>\u201cPeople with ideas and projects they cannot realise as a result of not having access to credit need concrete answers; those who have lost their jobs and are having a hard time finding another; immigrants who risk social exclusion\u201d, Terzi explained, underscoring how microfinance \u201cexpands business opportunities as it encouraged citizens\u2019 participation in economic life\u201d. Moreover, it \u201ccan also help contain public spending by contributing to the reduction of social buffers, the cost of which rises in times of recession\u201d.<\/P><br \/>\n<P><STRONG>Italy one of three EU members with microcredit law<\/STRONG><\/P><br \/>\n<P><STRONG><\/STRONG><\/P><br \/>\n<P>Italy is one of three EU countries, along with France and Romania, that have adopted microcredit and microfinance laws\u201d, while the foreign ministry and the national microcredit agency have developed synergies at international level to promote microfinance through \u201cpublic and private partnerships\u201d and are also watching the youth of the Arab Spring countries, where microcredit \u201ccan play a role that generates preventive diplomacy and support for fragile democratic transitions\u201d, Terzi concluded.<\/P><\/p>\n","protected":false},"excerpt":{"rendered":"Microfinance is one of the instruments for \u201caddressing inertia and social fragility, which is essential in safeguarding the quality of democracies\u201d in order to prevent \u201cmaterial distress from encouraging populist deviation and citizen regression\u201d. Minister Giulio Terzi thus explained the anti-crisis role of microcredit and microfinance, as he spoke at the second edition of the [&hellip;]","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[3,6,76,42],"class_list":["post-18035","post","type-post","status-publish","format-standard","hentry","category-approfondimenti","tag-diplomazia-economica","tag-mediterraneo-e-medio-oriente","tag-ministri-precedenti","tag-unione-europea"],"_links":{"self":[{"href":"https:\/\/www.esteri.it\/en\/wp-json\/wp\/v2\/posts\/18035","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.esteri.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.esteri.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.esteri.it\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.esteri.it\/en\/wp-json\/wp\/v2\/comments?post=18035"}],"version-history":[{"count":0,"href":"https:\/\/www.esteri.it\/en\/wp-json\/wp\/v2\/posts\/18035\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.esteri.it\/en\/wp-json\/wp\/v2\/media?parent=18035"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.esteri.it\/en\/wp-json\/wp\/v2\/categories?post=18035"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.esteri.it\/en\/wp-json\/wp\/v2\/tags?post=18035"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}