Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-05-12-Speech-4-244-875"

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"The small and medium-sized enterprises of Europe are the lungs of our economic activity. We must put their development, their modernisation and their competitiveness at the heart of our economic strategy. I therefore voted in favour of the resolution on the Small Business Act Review, the aim of which is to liberate the growth potential of SMEs. There is still much to be done to simplify the regulatory environment and the administrative procedures that are weighing too heavily on the activity and dynamism of our businesses. I welcome the actions proposed in this report, such as the creation of a European Private Company Statute. This would help our SMEs to draw the full benefits of the Single Market by allowing them to carry out their cross-border activities without requiring them to fulfil obligations which are often onerous and discouraging. I therefore call on the Council to give its opinion on this initiative quickly. Finally, we must come to the aid of innovative SMEs by facilitating their access to diverse forms of financing. That will be achieved, in particular, by significantly simplifying the use of European credits, which are still lacking in flexibility. These credits exist, and I think that they must be utilised in order to provide more effective support for the development of the real economy, innovation and employment."@en1

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