The European Parliament begins its tenure at a challenging time. However, Members of the Parliament have the opportunity to make a real difference, by taking steps to resolve the crisis and ensuring that the legislation and other structures that come out of it are robust and benefit, rather than harming business.

The EU could provide vital help to small firms and entrepreneurs, who have been badly affected by the financial crisis, to make the most of opportunities arising from the transition to a low carbon economy.

The new look European Parliament has been challenged by ACCA (the Association of Chartered Certified Accountants), a leading accountancy body, to think about what it can achieve in its first 100 days to help businesses that are struggling as a result of the current global economic situation.

To that end, ACCA suggests focusing on five key priorities including financial regulation; supporting EU SMEs; tackling climate change and investing in a green economy; the single market, and last but not least, reinvigorating the Lisbon Agenda.

The paper is available on ACCA’s website on the following address:

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