Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-10-20-Speech-3-387"

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"en.20101020.21.3-387"2
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". I voted for this report and am pleased that the European Parliament and the Council managed to reach this agreement, which is very important, particularly for small enterprise. While small and medium-sized enterprises are the foundation for European Union competitiveness and the largest creator of jobs, the crisis has shown very clearly that, at the same time, the owners of small and medium-sized enterprises are the most vulnerable, and the policy pursued by the Member States is not especially favourable to promoting and developing them, because EU legislation, such as the Small Business Act, is not being fully implemented and applied. Many companies went bankrupt during the crisis and this is a huge loss. I am therefore very pleased with this step which, although small, is of great significance to small business, providing clarity on payment periods. We will begin to really create an environment that is clear and understandable to small enterprises and will help to establish a business culture."@en1

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