Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-13-Speech-2-688-000"

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"en.20110913.44.2-688-000"2
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"Madam President, Commissioner, when you talk here about the support the European Commission is giving to small and medium-sized enterprises (SMEs), I find it hard to grasp which countries you are talking about. In 2011 alone, many thousands of SMEs in Portugal have already gone out of business because of a lack of support and because of problems accessing credit, specifically for exporting their products. This is because of decreased demand and the reduced purchasing power of the majority of the Portuguese population, resulting from the austerity measures that are being exercised. The issue I would therefore raise with you, Commissioner, is whether the Commission is going to propose amendments to the memorandum that the European Commission, the International Monetary Fund and European Central Bank concluded with the Portuguese Government. Only with profound changes to that document will we be in a position to combat the recession, to foster economic growth, to increase the population’s purchasing power, to boost demand and to contribute to preventing micro, small and medium-sized enterprises from continuing to go out of business; that is a central issue."@en1
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