European observatory for SMEs. 3rd annual report 1995

The European Parliament adopted the report by Mr Roberto MEZZAROMA (UPE, I) on the third annual report on the European Observatory for SMEs, including the eleven amendments that had been tabled. Whilst Parliament welcomed the Commission report, it highlighted a number of specific points, notably the need to simplify the administrative environment without dismantling the current system of social protection, access to public contracts, problems of financing (creation of a European capital market), access to research programmes and the information society and the problem of late payments. On this last point, the European Parliament called on the Commission to come forward with a proposal for a European Parliament and Council directive.�