Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-22-Speech-2-023-000"
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"en.20120522.4.2-023-000"2
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"Mr President, small and medium-sized businesses face many problems, and red tape is a big one. Micro-businesses should be exempted from large swathes of EU legislation and, when they are included, they should have a light-touch regime.
Access to funding is also a problem. Some suggest increasing allocations of EU budgets for SMEs, but here again, bureaucracy can be overwhelming. I have had many complaints from small businesses that have taken part in EU projects and have then waited for months or years for payment, and sometimes the money has never arrived. If a company is being contracted to carry out work and the work has been delivered, then it should be paid on time.
The Commission claims the Late Payment Directive will solve this problem but, like much EU law, it has had unintended consequences. I know of one sector where large companies have simply cut out buying from smaller ones. We need to stop just talking about SMEs, and take some action. In calling for the debate today, we asked nine specific questions and, Commissioner, I look forward to getting nine specific answers."@en1
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