Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-23-Speech-2-576-000"
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"en.20121023.45.2-576-000"2
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"According to figures from the Commission, the 23 million small and medium-sized enterprises (SMEs) in the EU generated two-thirds of private sector employment in 2010 as well as 59 % of the total non-financial business economy value added. They also accounted for around 80 % of new job creation over the past five years. This shows that SMEs are of key importance for the EU’s economic and employment policy and thus make a major contribution to the Europe 2020 strategy.
For that reason, it is essential to strengthen the role of SMEs. This initiative by the European Parliament is an important step. Among other things, it calls for the launch of a multilingual online portal with information about legislation and administrative formalities in third country markets and mapping of local, national and EU support schemes, which will particularly benefit SMEs which operate transnationally. It also supports initiatives to reduce administrative and management burdens. These are good approaches to strengthen the position of Europe’s SMEs, increase their competitiveness and thus benefit the internal market as a whole."@en1
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