Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-03-10-Speech-3-188"
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"en.20100310.19.3-188"2
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"On Wednesday, the European Parliament approved a proposal aimed at abolishing the obligation for small and mediumsized enterprises to publish their annual accounts. In an effort to reduce the administrative burden, the European Commission proposed that countries that so wish can exempt their SMEs from this annual obligation to publish their accounts imposed by the current European legislation. I was against this repeal because, as a result of the Commission proposal, the European regulatory and harmonised framework will disappear for more than 70% of European businesses.
The option to exempt microentities from the obligation to draw up and publish their annual accounts will not serve to reduce the administrative burden. My fear now is that if the Member States are inconsistent in applying the option to exempt microentities, it will result in the single market being divided up.
That is also why the Belgian MEPs and the Belgian Government are fiercely opposed to the European proposal (Belgium has also rallied together a blocking minority in the Council of Ministers, where the proposal still has to be voted on)."@en1
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