Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-13-Speech-2-343-484"

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"en.20111213.26.2-343-484"2
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"I believe that it is appropriate to give Member States the right to exempt micro-entities from a general publication requirement, provided that balance sheet information is duly filed in accordance with national law, and that these companies do not exceed the limits of certain criteria. The application of such an exemption will reduce the administrative burden on SMEs and will simplify the business environment. Furthermore, given the needs of SMEs, the relaxation of financial reporting requirements will enhance micro-entities’ competitiveness and enable them to realise their growth potential more effectively."@en1

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