Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-03-13-Speech-2-217-000"

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"Madam President, cooperatives have a hugely important role in local economies, particularly in this time of economic hardship when necessary cuts are being made to public services. Setting up local cooperatives to meet local needs should be the obvious solution. However, I think the concept of European cooperative societies misses the point. Setting EU directives to harmonise the concept of a cooperative is not what is necessary to make setting them up easier. The real problem is the huge amount of red tape and bureaucracy that any number of other EU directives and regulations create and thus stifle small businesses, no matter whether they are organised as cooperatives, social enterprises or for-profit businesses. I can only hope that the Commission’s commitment to a social business initiative and all businesses across the EU will turn words into action and actually deal head on with the issue of red tape and bureaucracy which affects all of my Welsh businesses, however they may be structured."@en1
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