Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-05-11-Speech-3-555-000"

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"European small and medium-sized enterprises (SMEs) are the lifeblood of our economic activity. Their development, their modernisation, and their competitiveness must be at the heart of our economic strategy. I therefore welcome the review of the Small Business Act proposed by the Commission, which seeks to unblock the growth potential of SMEs. A great deal still needs to be done to simplify the regulatory environment and bureaucratic procedures, which place heavy constraints on the activity and dynamism of our enterprises. Furthermore, I support the creation of a European Private Company Statute, which would help our SMEs to take full advantage of the single European market by enabling them to carry on their cross-border activities without having to fulfil often onerous and discouraging obligations. I therefore call on the Council to take a swift decision on this initiative. Finally, we must support innovative SMEs by giving them better access to diversified financing, involving, in particular, a substantial simplification of the use of European appropriations, which still lack flexibility. These appropriations are already available and they must, in my opinion, be mobilised to provide more effective support to the development of the real economy, innovation and employment."@en1

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