Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-13-Speech-2-676-000"

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"Madam President, Mr Tajani, ladies and gentlemen, the internal market represents our potential for growth. The Small Business Act and the Single Market Act together act as our engine for reform. Small and medium-sized enterprises (SMEs), including the smallest companies, are the tool that we can use to achieve growth and employment in the European Union, if we pay attention to the following points. SMEs must come first, both at home and abroad. We need to establish a pathway for SMEs into all the available education and research projects. SMEs are found in all areas of the economy and, if we want to start from the bottom, they are the ones that can generate growth and create jobs. European companies are currently in a stronger position on the global market than US or Japanese businesses. However, the fact remains that only 25% of SMEs in the EU export their products and services and 50% of these export to third countries. This means that only 13% of SMEs are doing business with third countries. SMEs which sell their products and services to other countries create more jobs. SMEs which do business abroad created 7% more jobs, while those which only do business on their home markets created just 1% more jobs. SMEs that are selling on international markets make better progress. A total of 26% of these SMEs launched products or services which were new to their industry and their country. Only 8% of the other SMEs were able to do this. For this reason, competitiveness and internationalisation go hand in hand. We have a shortage of young, innovative companies. Only 6% of the new companies founded since 1975 are European and more than 70% are American. We need to catch up. Let us take this opportunity to remove the constraints imposed on SMEs and on the internal market."@en1
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