Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-24-Speech-1-142-000"

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"en.20111024.15.1-142-000"2
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"According to the Small Business Act, a strong small and medium-sized enterprise (SME) sector would add to the capacity of the EU to withstand the uncertainties of life today. Despite that, SMEs still find it extremely difficult to access funding and capital. It was in this room last year that I told Parliament that many small family businesses had contacted me in relation to problems with accessing funding and credit. The situation has worsened since then, and many of those businesses have had to close or let people go. According to the latest report from the European Central Bank in relation to SMEs’ access to funding, there has been no change or reduction in the number of SMEs reporting that they have difficulties in accessing capital. We in the EU are constantly talking about the importance of SMEs for the economic recovery and competitiveness of the EU, but little has been done to deal with the big obstacle facing SMEs: access to capital. That must be addressed immediately and the Commission must make it central to any policy that applies to SMEs."@en1

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3http://purl.org/linkedpolitics/rdf/spokenAs.ttl.gz

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