Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-22-Speech-2-060-000"

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"en.20120522.4.2-060-000"2
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"Small and medium-sized enterprises (SMEs) are the backbone of the EU economy, driving growth, creating jobs, innovation and cohesion and helping to achieve the EU 2020 strategy targets. However, they are falling down a funding gap and the current crisis has exacerbated the situation and scuppered efforts by SMEs to raise capital. We have heard a great deal over recent weeks about actions to kick start growth and combat unemployment, especially among young people. This kick start to growth could begin with SMEs and with action to strengthen their competitiveness. European money has already contributed a great deal to this sector, but I am convinced that much more can be done. We must ensure in the new programming period for cohesion policy that we include long-term actions that will improve access for SMEs to the Structural Funds and simplify procedures, so as to relieve the administrative burden and cut the red tape that often gets in the way of their business. We also need regional autonomy in the choice of programmes for SMEs financed from the Structural Funds and to encourage operators at all levels to become involved in promoting business."@en1

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