Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-03-10-Speech-3-994"
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"en.20100310.19.3-994"2
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"The European Parliament, like the European Economic and Social Committee, is supporting the objective pursued by the Commission by presenting this initiative, which entails exempting micro-entities from administrative and accounting requirements, which are costly and completely disproportionate to the needs and internal structures of micro-entities and of the principal users of financial information, in order to enable them to rise to the numerous structural challenges inherent in a complex company, thanks to the full implementation of the European Charter for Small Enterprises and in accordance with a process integrated into the Lisbon Strategy. I regard the Commission’s proposal for simplification as positive. Its aim is to ensure that the regulatory framework helps to stimulate the spirit of enterprise and innovation among micro- and small enterprises so that they become more competitive and turn the potential of the internal market to best account. However, micro-entities must still be subject to the obligation to keep records showing their business transactions and financial situation as a minimum standard to which Member States remain free to add further obligations. When all is said and done, I believe that we are helping small and medium-sized enterprises by reducing bureaucracy, and I welcome that."@en1
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