Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-13-Speech-2-586-000"
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"en.20110913.43.2-586-000"2
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"Madam President, honourable Members, the European Commission is working actively to ensure that all Member States transpose the directive adopted by Parliament and the Council as quickly as possible; the sooner it is transposed, the more money there will be in circulation. We expect that around EUR 180 billion will come into circulation after the entry into force of this directive in all 27 Member States of the EU.
As per my instructions, at tomorrow’s meeting Mr Calleja – the Deputy Director General or ‘Mr SME’ as he is known – will ask the small and medium-sized enterprise (SME) ambassadors, who were appointed by all Member States at the request of the European Commission, to exert pressure on their parliaments to transpose the directive as quickly as possible and, hence, before the deadline.
I must mention that some regions and some local authorities, such as the Lombardy Region in Italy, have acted early and of their own volition to implement the directive on late payments in order to put money into circulation. This, in turn, means that SMEs need not be suffocated by the payment delays which, in some Member States, are of genuinely biblical proportions. I am committed to continuing to insist at every opportunity – in every meeting I hold with the various Member States on SMEs – on the transposition of the Late Payments Directive. I hope the national parliaments and Member States will act swiftly in receiving this message from the European Commission."@en1
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