Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-03-10-Speech-3-196"

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"en.20100310.19.3-196"2
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"The objective of the present proposal relates to the simplification of the business environment and, in particular, the requirements for the provision of financial information by micro-enterprises, with the aim of strengthening their competitiveness and potential for growth. In this context, I welcome the changes included in the report regarding the reduction in the administrative burden on micro-enterprises, as I believe that it constitutes an important measure in stimulating the European economy and in combating the crisis. This is because the activities of micro-enterprises are confined to single local or regional markets in which the production of annual accounts becomes an onerous and complex undertaking. However, I do not support the idea of exempting micro-enterprises from the duty to submit annual accounts. That decision, in fact, falls to each Member State to adopt, as it could have direct implications relating to the combating of fraud and tax evasion and the fight against economic and financial crime, as well as for the protection of shareholders and creditors. I therefore argue for the finding of balanced solutions with a view to adapting the way this measure is applied, rather than having a specific obligation in the document to maintain accounts regarding commercial operations and the financial position. It is, therefore, with some reservations that I am voting in favour of the present report."@en1

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