Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-05-11-Speech-3-543-000"

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"Mr President, the work currently being carried out on the review of the Small Business Act should concentrate, in particular, on establishing a European Private Company Statute, thus facilitating the cross-border operations of economic entities in the EU market. Although the time taken to set up a company has dropped in recent months, an analysis carried out by the European Commission has showed that over half of Member States still do not meet the requirement for it to be possible to do so in three days. Furthermore, the majority of Member States are still not carrying out assessments of the impact of future legislative and administrative initiatives on SMEs, and the ‘only once’ principle is also not being applied in full. Over the past two years, the list of countries in which it has been possible to close down a business entirely within a year has remained the same. I would therefore suggest that the European Commission should become even more involved in efforts to ensure that the Member States implement these provisions. In addition, I believe that further measures under the Small Business Act should also cover improved availability of funding, access to risk capital markets and the development of points of single contact in the Member States to facilitate administrative procedures. It is worth pointing out that in order to achieve our objective of an employment level of 75%, as enshrined in the Europe 2020 strategy, it is imperative to support SMEs. As a result of the economic crisis, these SMEs are feeling the strain of a series of additional expenses, instead of generating jobs."@en1
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