Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-03-10-Speech-2-324"
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"en.20090310.28.2-324"2
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"If small and medium-sized enterprises (SMEs) are, for the first time, to be put at the heart of European legislation, it is no cause for celebration. It is, rather, a tragedy. 2009 will, no doubt, be a year of destiny in which the survival or otherwise of thousands of SMEs will be decided. If the big companies fold, the little ones will inevitably follow.
The much talked-about credit crunch looms large, in any case, in the contraction of the volume of credit. What is needed here is to ensure that Basel II does not lead to the money flow to SMEs drying up definitively. If we do want to cut red tape, the gain from simplifying a procedure – insofar as this would have any noticeable impact on a business – must not be lost again through new obstacles elsewhere. If nothing else, tendering and public procurement must also be made more SME-friendly in order to give these companies a chance. I voted in favour of the Small Business Act in the hope that, this time, it will, at long last, amount to more than a piece of paper specifying objectives and will actually be implemented."@en1
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