Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-24-Speech-1-127-000"
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"en.20111024.15.1-127-000"2
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"Mr President, Commissioner, ladies and gentlemen, if we could hear a small businessman or woman speak in this Chamber today, we would hear a story that is even more worrying than the details we have been given, especially because of the four structural problems facing this sector, which is a crucial sector and an integral part of Europe’s identity. The four problems are help for internationalisation, reducing red tape – we have heard about the hurdles that have to be overcome just to pay VAT in the various countries – innovation and access to the Structural Funds, which some Member States are not using as they should, and access to credit.
Commissioner, it is unacceptable that Europe should recapitalise the banks without imposing strict conditions to make them facilitate access to credit for such a crucial sector of the European economy as small and medium-sized enterprises, which are now not being rewarded but held to ransom, if not crippled, by the credit institutions."@en1
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