Brussels, 05/11/2009 (Agence Europe) - In Brussels on Thursday 5 November, the employment and social affairs committee approved the creation of a new micro-credit instrument, and rejected the funding arrangements proposed by the European Commission (by 41 votes to 4, with no abstentions). The report by Kinga Göncz (S&D, Hungary) on the Progress micro-finance instrument proposed creating a specific budget line for the new facility, to enable people at risk of losing their jobs and the most...