Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-22-Speech-2-057-500"

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"en.20120522.4.2-057-500"2
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"Small and medium-sized enterprises play an extremely important role in the European economy. It is therefore crucial that we facilitate their access to the Structural Funds, which, in these times of economic and financial crisis, can provide them with the investment opportunities and financial resources they may rely on for survival. The current instruments and forms of support do not always reach those beneficiaries that are truly in need of them. Unnecessary administrative burdens and the pre-financing obligation continue to pose a problem to most small and medium-sized enterprises. The definition of SMEs should be reassessed, as the 2005 definition can be considered obsolete in many ways. SMEs constitute 99% of all European companies, and their importance is further demonstrated by the fact that between 2005 and 2010, 85% of all new jobs in Europe were created by SMEs. It is clear that the key to the growth and development of a Europe in the process of recovering from the crisis lies in these enterprises, and it is therefore important that the Commission support SMEs’ access to Structural Funds by all means available."@en1

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