Local view for "http://purl.org/linkedpolitics/eu/plenary/2015-10-07-Speech-3-571-000"
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"en.20151007.27.3-571-000"2
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"Madam President, I am actually very pleased with this development and I think there is great credit due to Commission Vice-President Katainen who has worked very hard since he took over his brief, and no doubt European businesses will experience the positive effect of that in due course.
My colleague Brian Hayes spoke about this very clearly a few moments ago and I think it must be seen in the context of what has been done over the last four or five years in Parliament here with the previous Commissioner Barnier. This is in some respects, if not the final part of the jigsaw, certainly one of the final parts, and it will benefit particularly SMEs and start-ups, which often find it difficult to get finance. We have been dependent on banks for too long, and obviously there is far more venture capital in the USA than here: that is something we need to address.
All those points are mentioned in this proposal and I think it is going to be well received and will have great benefits for our economy and help us, into the future, to grow jobs and have a better quality of life. So thanks to Commissioner and thanks to everybody."@en1
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