Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-10-19-Speech-2-554"

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"en.20101019.23.2-554"2
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"Madam President, ladies and gentlemen, first of all, I must thank Mr Tajani for his statement, which I endorse wholeheartedly. It is all too common to find that public authorities themselves are bad payers, and they often cause otherwise healthy companies to fail and seriously damage the competitiveness of our firms. They can bring about a terrible chain reaction with major social repercussions which, in the end, may sometimes backfire on the public authority which gave rise to this trail of damage, through increases in prices, costs and, consequently, spending. In view of all this, it is hardly surprising if a small business is forced into bankruptcy due to a lack of liquid assets, especially in periods of economic crisis and recession such as the one we are now experiencing. It has therefore been decided that severe penalties should be imposed for such late payments. The new parameters laid down in the adopted report include keeping contractual freedom in negotiations between private enterprises, but imposing time limits (30 + 30 days); setting the term within which public authorities must pay private enterprises at 30 days; and introducing a new rule for large corporations – such as those operating in the postal service, energy and transport sectors – which compete with private companies even though they are publicly funded, in that they are equated to private companies and are therefore subject to the rules of the private market. It is now for the Member States to implement this provision as swiftly as possible so as to reinvigorate those companies that are still in difficulties today, as the Commissioner and a number of my fellow Members have emphasised."@en1
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