Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-13-Speech-2-392-000"
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"en.20110913.34.2-392-000"2
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"We know that there is an urgent need to award credit to small and medium-sized enterprises (SMEs) so that they can maintain and create more jobs with rights, increase production and reverse their trend of going out of business by the thousand in countries, like Portugal, that are deep in economic recession and are facing a tragic social situation.
SMEs account for the majority of companies and jobs in the European Union. A credit policy, particularly one on the part of public institutions such as credit agencies, should favour SMEs.
Unfortunately, what we are seeing is that, in the overwhelming majority of cases, credit is being conceded to transnational corporations, which, in turn, strengthens their dominant market position even further, to the detriment of SMEs.
This is the view set out in the report right from the outset, since it favours exports and competitiveness, when the priority in this time of crisis should be reinforcing each country’s domestic market, particularly those of countries like Portugal.
The way the entire proposal is framed aims to maintain a framework for the progressive liberalisation of world trade, which will accentuate the concentration and centralisation of capital and further deepen the crisis of the system and the exploitation of peoples and countries."@en1
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