Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-24-Speech-1-111-000"
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"en.20111024.15.1-111-000"2
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"Mr President, ladies and gentlemen, the crisis in Europe is interlinking the problems of public budgets and private capital with those of the productivity of our businesses in a vicious circle, and the spectre of recession is looming. Therefore, if small and medium-sized enterprises (SMEs) are our top priority, I would call on the Commission, alongside Parliament, to make absolutely sure that our good principles are put into practice and that the Member States turn the legislative initiatives of the Small Business Act (SBA) into highly effective, high-quality, concrete measures.
Just think, Commissioner, what would happen if the Late Payment Directive were implemented early in all the Member States, and what a great benefit to SMEs it would be! The SME tests are important, but we are still at the method stage. Of course, it is only right to check that the laws we make really are suited to SMEs and further their interests, but we would urge you to persevere and examine the issues very thoroughly when setting up this framework of opportunity that you have sketched out. We also appreciate what the Commission has been doing and we are ready with the budget and the other options that we have to support it.
I would just like to say a word about credit. We have to make our position clear to the banks – I am saying this to you, Commissioner – because SMEs need help …"@en1
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