Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-24-Speech-1-124-000"
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"en.20111024.15.1-124-000"2
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"Mr President, only 10% of SMEs export to other Member States and still fewer to countries outside Europe. Many SMEs are micro businesses with few employees. Offices to advise SMEs in China, help with collecting debts from other Member States, and greater access to venture capital all have rather limited appeal to micro businesses and small businesses with a limited scope of activity. SMEs, especially the small ones, when asked what they want from the government or from the EU, do not say this advice, that grant or guarantee, or the other training; they simply want freedom from excessive regulation and oppressive taxation.
From 1998 to 2010, the cost of EU regulation to the United Kingdom alone was 124 000 million. Over-regulation has made medium-sized enterprises less able to compete with other, less regulated countries in other continents. The Act contains fine phrases and bold ambitions. They have much less to do with business, but a lot more to do with EU dogma."@en1
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