Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-03-13-Speech-2-537-000"

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"Mr De Backer, with regard to your first point, I am very pleased that, for the first time since the start of this Question Time, someone has mentioned the role of small and medium-sized enterprises. Indeed, 90% of the economic fabric, 90% of the 22 million European businesses, are small and medium-sized enterprises, sometimes even individual enterprises. I therefore want to confirm our position of two years now. Indeed, I announced it at the very start of my term. We want to bring small and medium-sized enterprises and consumers closer to the single market. For too long, they felt that it was not for them, but for the big and the mighty. Mr De Backer, you should have a close look at all of the texts that, with our colleague Mr Tajani in particular, we are presenting or publishing, and at what is contained in the Single Market Act, in particular. In each case, you will find that special attention is paid – sometimes for the first time – to the role of SMEs, their capacity for investment, the ease of their administrative procedures and simplification in order to give European SMEs the best ecosystem. I will give you one example: the bank capitalisation measures, since that is the topic you raised and mention was made earlier of where to obtain funding and cash flow. With Mr Tajani, we asked the European Banking Authority if we could go further – more balanced, less rigorous measures – for the banks when they are obliged to apply prudential measures when lending to small and medium-sized enterprises. We are going to maintain this more favourable criterion for SMEs in the prudential measures. In addition to the instrument that we have just presented for risk capital, which is of particular interest to SMEs, we presented a passport, which is currently being debated in Parliament. I am working, notably within the framework of MiFID, on the idea of a European SME grant or a network of European SME grants. We have simplified the reporting obligations for SMEs in terms of their accounts when they are listed on the stock market – I am talking here about listed companies – with the simplified prospectus and more straightforward transparency obligations. We have made it easier for SMEs to access public contracts by reducing drastically the administrative requirements for participating in calls for tender. In the framework of the Small Business Act, for which Mr Tajani is responsible, we have also monitored very closely all of the measures designed to facilitate investment by and thanks to SMEs."@en1
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