Local view for "http://purl.org/linkedpolitics/eu/plenary/2016-09-14-Speech-3-696-000"

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"Madam President, I would like to thank Mr Krasnodębski, the rapporteur, for his support and his patience with the shadows in this. I think we have come to a very a coherent response and an opinion in our views on how SMEs should be supported. Focus as has been said must absolutely be on supporting small and medium-sized enterprises, and indeed start-ups, particularly ensuring that start-ups do not falter after year one or year two, that they are given support at that very delicate point. I think that is important. We know well of the value of SMEs to our economy, to European economies, They employ 90 million people in Europe multinationals have been spoken about much today and in previous debates and the point should be made that multinationals do actually support the creation of SMEs, and so many SMEs depend on the presence of multinationals and the supply chain, supplying products and services, and indeed, supporting employees through their services, those that are employed by the multinationals. So they do play a very valuable role. The report favours the reduction of red tape, of course, and removing unnecessary regulation for small businesses and for start-ups. That means smarter regulation and not more regulation. We do not want exemptions for regulation; everybody who wants to be in business, be they small, medium or large, should be subject to regulations. They are there for a reason, for a good reason, but smarter regulation is important. The Commission has given assurances that it plans to reduce the regulatory burden on businesses, so we have added to the pressure today by ensuring that they live up to those commitments. In fact, we want to make it easier and cheaper to set up a company to take on employees and to avail of government support. Yes, much has been said also of the cost of wages and labour. They are a cost, but I would state that labour is a very important element in any business, particularly small and medium-sized enterprises. There cannot be any cutback on the cost of labour, just as rates, rent, power, they are all considered. So we should not skimp and we should not focus on reducing the cost of labour. I think it is important to recognise that workers need to be respected."@en1
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