Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-09-13-Speech-4-268-500"
| Predicate | Value (sorted: default) |
|---|---|
| rdf:type | |
| dcterms:Date | |
| dcterms:Is Part Of | |
| dcterms:Language | |
| lpv:document identification number |
"en.20120913.29.4-268-500"2
|
| lpv:hasSubsequent | |
| lpv:speaker | |
| lpv:spokenAs | |
| lpv:translated text |
"The aim of this regulation is to create a European venture capital investment sector for small and medium-sized enterprises (SMEs). The express aim of venture capital is to ‘provide finance to undertakings that are generally very small, in the initial stages of their corporate existence’. Financing for SMEs is doubtless a real need, which must be addressed. Nonetheless, in Portugal, SMEs’ growing difficulties result from a continued public disinvestment and an increase in recessive so-called austerity policies. The problems of Portuguese SMEs are the result of a policy of abandoning and destroying our production and productive apparatus, an internal market that is increasingly stifled by workers’ decreasing acquisition capacity, and a fiscal policy which penalises work and small companies. Privatisation, which has put energy companies, banks, telecommunications and transport companies and providers of essential goods and services in the hands of big businesses, at monopoly prices, is one of the causes of SMEs’ economic strangulation. It is this policy which must be reversed and which has led to 46.7% more companies declaring bankruptcy in the first semester of the year than during the same period last year."@en1
|
Named graphs describing this resource:
The resource appears as object in 2 triples