Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-12-04-Speech-4-198"

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"en.20081204.20.4-198"2
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"We certainly have to address and direct our attention to the major challenge involved in stabilising and reforming the financial system. However, as representatives of the ordinary people of our countries, it is also our urgent duty to focus on what is known as the ‘real economy’. The people of Europe are suffering at present as we are in the middle of an economic crisis. It would be easy to adhere completely to conservative policies at this time, policies that would be aimed only at stabilising the financial system. However, instead of doing that we must focus on rebuilding the economy from the bottom up. In the west of Ireland, around 70% of the work force are employed by small businesses. These small businesses are the economic pulse of the west of Ireland. Not only do we have to protect these businesses, we must also encourage entrepreneurship, growth and development in this sector. To this end, I sincerely welcome the initiatives being launched by Irish and European institutions lately to support the small business sector. I ask the private and financial sectors and the policy-makers to continue and add to these initiatives."@en1

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