Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-02-14-Speech-1-152-000"

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"Mr President, the main condition necessary for a successful policy towards businesses, including small and medium-sized ones, is to ensure proper function of the internal market. The free flow of goods means that all businesses have access to a higher number of potential consumers, although they also have to be ready for greater competition. Legislation on the single market needs to be constantly adapted to ensure equal treatment of all firms in the Union. It is essential to monitor Member States’ inclinations to protect their own national industry. We all say that small and medium-sized enterprises constitute the foundation of modern European economies, that they are an essential factor in economic growth, that the sector employs two thirds of all people in work in the Union, and that it creates one third of the EU’s GDP. Let us bear in mind that a difficult situation in SMEs affects, first of all, the fortunes of the people who work for them, because they are, to a great extent, family firms. These firms go under only at a later point, so most of them seem to have reacted slowly to the crisis, but this does not mean the crisis has not affected their economic condition. Finally, I would like to say that this sector requires special support to encourage the introduction of innovative methods – and this support should be forthcoming from the European Union."@en1
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