Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-01-20-Speech-4-262-500"

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"en.20110120.14.4-262-500"2
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"I voted in favour of Mr Eppink’s report on competition policy 2009 because competition policy is an essential tool for tackling the effects of the economic crisis. In terms of competition for 2009, following the recovery of the financial sector, the Commission carried out – as it is still doing – the essential task of supervising the banks’ repayment of the State aid disbursed to revitalise the economy. Small and medium-sized enterprises (SMEs) need to be supported first of all. Since SMEs have a crucial role to play for the European economy as a whole on account of their great innovation potential, they need clear, fair and non-discriminatory competition rules in order to facilitate cross-border transactions and to take advantage of the EU market by making effective use of SEPA (the Single Euro Payments Area)."@en1

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