Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-24-Speech-1-132-000"

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"Mr President, it is fitting that we are talking about this important matter tonight, which may be as important as the major talks taking place at present in the Council. Mr President, the statistics are compelling: 22.5 million unemployed in Europe, yet there are 23 million SMEs and, if each of them created one job, we would have a surfeit of employment. If you asked SMEs individually whether they could create one job, I think many of them would tell you that in the right circumstances, they certainly could. One of those circumstances is access to credit, which has been pointed out. I know that in my country, while the banks have been capitalised, they have become terrible in terms of assisting SMEs, even for minimal overdrafts. This is not acceptable and it certainly needs to be looked at. The Commissioner also quite rightly pointed out in the last debate the need for simpler regulations regarding SMEs in terms of public procurement, etc. He also mentioned the importance of venture capital. We are not up to speed with venture capital, particularly compared to the USA, and certainly it is an opportunity to pollinate the economy to create innovative employment. Finally, regarding e-commerce, there are different statistics going about, but certainly here is a wonderful opportunity, as well, to help grow the economy, SMEs and employment."@en1
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