Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-24-Speech-1-126-000"

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"en.20111024.15.1-126-000"2
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"Mr President, the economic and financial crisis has had a powerful impact on the activities of European SMEs, while discouraging the development of innovative companies. In Romania, 55% of SMEs posted poorer financial results in 2010 compared with 2009, with the general economic climate being viewed as detrimental to the business sector by 70% of small and medium-sized businesses. Given the importance of the activities performed by SMEs in support of the European economy and employment, and the fact that 67% of jobs throughout the EU are created by SMEs, we must ensure that their development is encouraged, access to funding is made easier and that their activities on the single market are not hampered by one-off red tape measures. I think that we have invested too much in bailing out the European banking system at a time when productive, sustainable jobs are being generated by small and medium-sized economic operators."@en1
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