Local view for "http://purl.org/linkedpolitics/eu/plenary/1999-12-16-Speech-4-083"

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"en.19991216.2.4-083"2
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". Strengthening small and medium-sized enterprises and favouring measures which will contribute to improving their competitiveness has been one of the objectives of this Parliament, because of the fundamental role they play in the creation of jobs and because any actions aimed at small and medium-sized economic operators promote European economic growth in general and provide a safe path towards achieving economic and social cohesion in the Community. The proposal for a directive combating late payments in commercial transactions is, in this sense, an effective instrument in terms of ending the excessive and often abusive time limits for payment which are used in certain fundamental sectors and which are the main cause of bankruptcy and financial and investment difficulties which SMEs have to face. This is why I have a very positive view of the Murphy report and have voted in favour of it, since it reintroduces aspects which the Council had eliminated in drawing up the common position, but which are of unquestionable benefit to SMEs, in particular the obligation to legislate for the establishment of standardised payment terms in commercial transactions and for this obligation to also be incumbent upon public entities. Let us hope that the Council listens to Parliament and that we can at last lay down harmonised contract rules at a European level, which will put an end to late payment and the dominant position of some creditors with regard to payment terms, and thereby improve the competitiveness of SMEs."@en1

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