Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-22-Speech-2-047-000"
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"en.20120522.4.2-047-000"2
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"Mr President, ladies and gentlemen, the 23 million small and medium-sized enterprises (SMEs) in Europe employ 120 million people and represent over 90% of the production system; in Italy, the figure is as high as 98%. This often includes many businesses with fewer than 50 employees as well as micro-enterprises.
We cannot agree with those who are pressing for the thresholds to be raised for medium-sized enterprises, partly because this would further impair access to EU funds. Indeed, SMEs generally need easier access to the Structural Funds, especially in these difficult economic times when credit is hard to come by. The procedures are complicated, excessively bureaucratic and often discouraging to their potential beneficiaries. There is evidence that even Germany, a highly efficient user of EU funding, is behind in its use of these funds.
Small and medium-sized enterprises are not second-class businesses – on the contrary."@en1
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