Local view for "http://purl.org/linkedpolitics/eu/plenary/2001-04-03-Speech-2-115"
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"en.20010403.6.2-115"2
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".
During the debate on the 2002 budget guidelines, we heard some speakers welcome the fact that the steps to introduce the single currency would be of little cost to the European budget. In our view, this comment seems somewhat cynical, since a relatively large part of the costs will be paid by small traders, who will reap hardly any of the benefits and who have no one to come to their rescue.
Many other small businesses are in the same situation. On the other hand, large businesses based in Europe will reap the benefits, directly or indirectly, from the changeover to the single currency and thus will be able to offset the costs of reorganisation and investment that are involved. What about the others though?
This particular view – but many others of a similar nature can be found – shows how much consideration has been given from the outset to resolving some of the problems facing large companies, but not those facing small businesses.
That is why, in our view, the European Union – or the Member States by delegation – must provide immediate financial support, at least to small traders, as a matter of urgency. It is not acceptable for Member States and the European institutions to take decisions involving huge costs that others have to bear. Lastly, the actual changeover to the euro, with the introduction of coins and notes, is at risk of being hampered by the very people who decided that it would go ahead."@en1
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