Local view for "http://purl.org/linkedpolitics/eu/plenary/2000-06-15-Speech-4-079"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2000-06-15"^^xsd:date2
dcterms:Is Part Of	lp_eu:Vote2
dcterms:Language	"en"^^xsd:language2
lpv:document identification number	"en.20000615.3.4-079"2
lpv:hasSubsequent	lp_eu:2000-06-15-Speech-4-0802
lpv:speaker	lp:Gary Titley2
lpv:spoken text	"I congratulate my Labour colleague, Simon Murphy, on his recommendation to approve the agreement reached with the Council on tackling late payments in commercial transactions. This demonstrates yet again Labour's commitment to create an environment for entrepreneurs and businesses to flourish across Europe. Late payment often suffocates many credible businesses, particularly small and medium-sized companies. Consequently, many are tragically forced into receivership, through no fault of their own. This measure, however, will help allow small businesses to fight back. Creditors will be entitled to charge a statutory interest rate of 7% on their debts, encouraging debtors to pay early. Furthermore, if debts are not repaid, creditors will also be able to claim compensation form debtors for recovery costs. By introducing greater certainty in business transactions across Europe, small companies will gain confidence in trading, not just across Britain, but right across the European Single Market. Membership of the Single Market the largest trading bloc in the world, is crucial for jobs in the North West. Nearly 40% of small and medium sized enterprises in the region have trading links with other EU Member States. As a part of the EU Single Market, they have access to over 370m potential customers – over 6 times more than in Britain alone. In a few years' time, following the enlargement of the European Union, they will have access to a potential 500m customers – as big as the American and Japanese markets put together. The Labour Government is determined to make the Single Market work for British business. By giving UK businesses the confidence to reach into these markets, this measure will contribute to this aim and will increase trade, growth and employment across both the North West and all of Britain."@en1
lpv:spokenAs	substitute; Delegation to the EU-Slovenia Joint Parliamentary Committee (1999-10-08--2002-01-14)3 unknown; Labour Party (1999-07-20--2004-07-19)3 member; Committee on Foreign Affairs, Human Rights, Common Security and Defence Policy (1999-07-21--2002-01-14)3 member; Delegation to the European Economic Area Joint Parliamentary Committee (EEA) (2000-04-11--2002-01-14)3 member; Conference of Delegation Chairs (1999-07-22--2002-01-14)3 chair; Delegation to the EU-Lithuania Joint Parliamentary Committee (1999-07-22--2002-01-14)3 substitute; Committee on Legal Affairs and the Internal Market (2000-02-16--2002-01-14)3 member; PES (1999-07-20--2003-05-20)3
lpv:unclassifiedMetadata	"Titley (PSE ),"1 "in writing."1

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