×
ECR

The importance of SMEs to the European economy can hardly be overstated

15 December 2020

The importance of SMEs to the European economy can hardly be overstated

Ahead of a vote on a new strategy for Europe’s Small and Medium-sized Enterprises (SMEs) in the European Parliament, the ECR Group stresses the need for a binding agenda to reduce the administrative burden on SMEs, as well as impact assessments for all future legislative proposals. Furthermore, the ECR emphasises the importance of providing SMEs with greater access to finance, given how susceptible they have been to the consequences of the Covid-19 crisis.

Speaking ahead of the vote on the own initiative report, ECR shadow rapporteur Rob Roos said:

“For far too long, SMEs have not received the recognition they deserve from Brussels. Regulatory pressure and insufficient access to finance frustrates entrepreneurship and innovation in the sector. We want the European Commission to come up with a binding agenda to reduce the administrative burden, as well as a binding test to assess the costs and benefits of legislative proposals for SMEs. This includes their economic impact on the one hand, and the impact on their employees on the other.

Mr. Roos added: “Unlike multinationals, SME entrepreneurs are not lobbyists. Their interests have to be fought for everyday by MEPs who have their interests at heart. The battle is far from over. We feel we must give SMEs a stronger position in European decision-making, one that is worthy of their invaluable economic importance.”

The vote will take place on Wednesday, 12:45. The results will be announced at 6pm.

SHARE

ECR

OUR TWEETS

ECR Group

14 hours ago

The Conference on the #FutureOfEurope is clearly seen by many as an opportunity to turn Europe into a big super sta… twitter.com/i/web/status/1…

ECR Group

16 hours ago

🚨 #SOTEU 🚨 Watch ECR MEPs weigh in on @EU_Commission President @vonderleyen's #SOTEU21 address now ⤵️ pic.twitter.com/nYqFTXKK2A

ECR Group

17 hours ago

🚜 Agriculture is the beating heart of rural life in #Europe. Yet 🇪🇺 farming employment rates have seen better days… twitter.com/i/web/status/1…

ECR Group

19 hours ago

The 🇪🇺 needs to focus on combatting illegal immigration. A "no-borders" ideology will lead to nothing but chaos.… twitter.com/i/web/status/1…

ECR Group

yesterday

🦠 The effects of the #Covid19 pandemic are still upon us ❗️ We need to act to stop history from repeating itself… twitter.com/i/web/status/1…

ECR Group

yesterday

🧪 #Europe has given birth to countless inventions & innovations. We can't let ourselves fall behind. By cutting r… twitter.com/i/web/status/1…

ECR Group

yesterday

The 🇪🇺 was created by our nations to serve them, not the other way around. 𝗢𝘂𝗿 𝗮𝗶𝗺? 🎯 To preserve the sovereignty… twitter.com/i/web/status/1…

ECR Group

2 days ago

"In #Cuba, we face one of the most vicious crackdowns on innocent people wanting change and #democracy in their cou… twitter.com/i/web/status/1…

ECR Group

2 days ago

We all know that #Cuba has no intention of upholding its side of the 🇪🇺-🇨🇺 Agreement. It's time to say "enough is e… twitter.com/i/web/status/1…

ECR Group

2 days ago

Again this year, the people of #Cuba took to the streets to demand their basic rights – the same rights we take for… twitter.com/i/web/status/1…





© 2020. All rights reserved. European Conservatives and Reformists Group