Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-10-20-Speech-3-411"

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"en.20101020.21.3-411"2
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"I voted in favour of Mrs Weiler’s report, inasmuch as I believe that it is essential to establish a maximum ceiling under which enterprises must be paid.. This need is even more pressing and essential at these times of crisis. Small and medium-sized enterprises, together with entrepreneurs, play a significant role in all our economies and are key generators of employment and income and drivers of innovation and growth. Unfortunately, all too often recently, we have seen situations of companies that are owed several millions by public authorities but are unfortunately forced to close down or declare bankruptcy due precisely to these late payments. I therefore hope that at the implementation stage, other factors are also considered, establishing a loosening of stability pact ties for public authorities and, at the same time, a gradual reduction in payment terms. This would bring both requirements together and the entire system of the country would benefit. I hope that the directive is quickly transposed by the Member States so that it may be applied as soon as possible. It is a duty on the part of we law makers and a right owed to creditor companies."@en1

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