Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-24-Speech-1-106-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-10-24"^^xsd:date2
dcterms:Is Part Of	lp_eu:Small Business Act, crisis and SMEs (debate)2
dcterms:Language	"el"^^xsd:language2
lpv:document identification number	"en.20111024.15.1-106-000"2
lpv:hasSubsequent	lp_eu:2011-10-24-Speech-1-107-0002
lpv:speaker	lp:Niki Tzavela2
lpv:spokenAs	substitute; Delegation for relations with the People's Republic of China (2010-09-21--2014-06-30)3 substitute; Delegation to the EU-Kazakhstan, EU-Kyrgyzstan and EU-Uzbekistan Parliamentary Cooperation Committees, and for relations with Tajikistan, Turkmenistan and Mongolia (2011-10-13--2014-06-30)3 substitute; Delegation for relations with Israel (2009-09-16--2012-03-13)3 vice-chair; Delegation for relations with the United States (2009-09-16--2014-06-30)3 unknown; Popular Orthodox Rally - G. Karatzaferis (2009-07-14--2014-02-24)3 member; ITRE (2009-07-16--2012-01-18)3 substitute; Delegation for relations with India (2011-10-13--2014-06-30)3 vice-chair_member_of_the_bureau; EFD (2010-02-16--2012-01-26)3 member; Delegation to the EU-Turkey Joint Parliamentary Committee (2009-09-16--2012-03-13)3 substitute; Delegation to the Parliamentary Assembly of the Union for the Mediterranean (2009-09-16--2012-01-30)3 substitute; Delegation for relations with the Mashreq countries (2009-09-16--2012-03-12)3 substitute; Delegation for relations with Iran (2011-10-13--2014-06-30)3
lpv:translated text	"Madam President, this question was provoked by the drastic changes that have come about on the small and medium-sized enterprise market following the serious recession we are currently experiencing. The review of the Small Business Act has highlighted the specific problems faced, namely, access to funding, the black market, which is undermining small and medium-sized enterprises, and the internationalisation of European enterprise. In fact, all this is highly constructive and our question now is how far has it progressed, how many Member States have adopted these proposals, and where do we now stand? However, the point I wish to emphasise right now is that small and medium-sized enterprises are in dire straits when it comes to borrowing in countries which are experiencing the deepest recessions, such as Greece, Portugal and Ireland. There is a fast-growing default rate on bank loans by small and medium-sized enterprises. Their financial planning was different, their customers’ purchasing power has shrunk, and wages have fallen by 50%. I therefore suggest, Commissioner, that a central European regulation is needed on loans taken out by small and medium-sized enterprises. Their loan repayment dates also need to be extended and Euribor-based interest rates need to be cut."@en1
lpv:unclassifiedMetadata	"(The President cut off the speaker)"1
lpv:videoURI	<go to Events_and_structure europarl>2

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