Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-03-08-Speech-1-210"

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"en.20100308.19.1-210"2
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"Mr President, we are in the midst of an economic crisis and it goes without saying that the exemption of micro-entities from their statutory obligation to prepare and publish annual accounts is a welcome measure of support for small and medium-sized enterprises and, of course, I agree with the rapporteur on this point. It is a fact that this sort of action reduces the operating costs of companies, increases their profitability, and possibly makes a positive contribution towards maintaining jobs. However, and I think this is what concerns numerous members, we must be extremely careful as to the methods and means we use in order to provide fast and immediate relief to this vulnerable economic sector. The objective must be to grant relief and not – I repeat not – an alibi for these companies to disguise or conceal their actual financial status, with everything that this implies for their future progress. Therefore, I think that we should, in principle, welcome and warmly support the Commission proposal and, of course, be careful that the arrangements that we introduce in the future do not alter our real intentions, which is to support companies."@en1
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