Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-24-Speech-1-131-000"

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"en.20111024.15.1-131-000"2
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"Mr President, crisis, crisis, crisis. Everyone is talking about the crisis. However, we should rather start thinking not about the causes of the crisis, about the banking sector and government debt, but about the way out of the crisis. There will be a way out of the crisis when there are new jobs. These new jobs will create economic growth. However, ladies and gentlemen, these new jobs will not appear either in the banking sector or in large enterprises. The new jobs will appear in small and medium-sized enterprises (SMEs), which already employ over 90 million individuals all over Europe. Therefore, it is precisely to the SME sector that we must pay greater attention if we are to overcome the crisis. Why? First, because small enterprises are able to adapt quickly and learn from their own mistakes. Second, they are able to react quickly to market changes. Third, and this is very important in my opinion, they will be the first to create new jobs and to employ young people. So, what must we do to help this sector? Three things: 1) keep our borders open and unrestricted; 2) provide financing opportunities via guarantees and risk capital; and 3) reduce the administrative burden that hampers their growth. Let us help small and medium-sized enterprises. They will help us out of the crisis. Thank you for your attention."@en1
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