Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-03-09-Speech-1-108"
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"en.20090309.18.1-108"2
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"The competitiveness of SMEs is frequently reduced as a result of the barriers blocking cross-border trade. Lifting these barriers would bring about greater legal stability and would make it possible to calculate more efficiently the liability risks facing enterprises and entrepreneurs. Through this report the European Parliament has indicated that it has fully understood the vital role which small and medium-sized businesses play in terms of the European economy’s competitiveness.
A well-conceived European Public Company Statute, intended to supplement the legal forms which already exist, would benefit the competitiveness of European SMEs in many respects: it would consolidate the European internal market, simplify the legal framework for enterprises, thereby reducing consultancy costs and facilitating access to cross-border markets, and it would improve economic integration and growth.
This statute would also offer SMEs greater flexibility.
SMEs account for more than 90% of the EU economy and two-thirds of its jobs. They should therefore be given the best possible conditions in order to contribute to economic growth in an integrated internal market, capitalise on the opportunities available and face up to the challenges of globalisation."@en1
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