Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-03-10-Speech-2-201"
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"en.20090310.28.2-201"2
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"Mr President, I voted for Mrs Herczog’s report. We have 23 million SMEs in the European Union. They represent up to 99% of all firms and provide work to more than 100 million EU citizens. In the current time of crisis, they therefore play a key role in economic growth, social cohesion and especially job creation. SMEs are dynamic and have a great ability to innovate and develop. The make a significant contribution towards implementing the Lisbon objectives.
Credit and loans are the main sources of finance for SMEs in Europe. The fact that SMEs are usually considered more risky makes it difficult for them to get access to finance. It is particularly necessary to provide favourable conditions for SMEs to obtain sources of finance, both through loans and from EU funds, and thereby to ensure the long-term sustainability of their business activities."@en1
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