EU Commission draws the wrong conclusions

 Androulla Vassiliou, Member of the EC in charge of Education, Culture, Multilingualism and Youth is happily drawing the wrong conclusions from the Eurobarometer survey. (EC Audiovisoual Services)

Androulla Vassiliou, Member of the EC in charge of Education, Culture, Multilingualism and Youth is happily drawing the wrong conclusions from the Eurobarometer survey. (EC Audiovisoual Services)

According to the last Eurobarometer survey on Entrepreneurship, when the Europeans are asked, “What holds them back from starting up a business”, a large majority of EU respondents think that it is difficult to start one’s own business due to a lack of available financial support (79%) and due to the complexities of the administrative process (72%).

At the same time the EU Commission praises itself on effectively combating bureaucracy and the European Central Bank says that it takes care of the liquidity of Eurozone’s financial system. Given those facts the right conclusions are that both the Commission and the ECB lie about their roles. Taking this logic a bit further one can also conclude that the EC Commission wants us to look the other way when they are doing their real job protecting the interests of bureaucracy not caring much for ordinary people.

As for the ECB its real role is to maintain the liquidity of the banks, so as those benevolent institutions are spending carelessly on their own investments the money they get for free from the central bank, and not supporting with loans the real economy and small businesses.

What do you prefer?

Last year the same Europeans responding to the initial question what they prefer, “self-employment or employee status”, 37% of those surveyed said that they would like to be self-employed, while a majority (58%) would prefer to be an employee. Obviously security of income is their prime worry, when it comes to such fundamental options.

However the European Commission’s Directorate-General “Enterprise and Industry”, the competent service to interpret the findings of this survey doesn’t even dare to draw the right conclusion from their own survey. For example in this basic question to non EU residents the Directorate’s writer says: “Self-employment is generally more popular among non-EU respondents: This option is most popular in Turkey (82% vs. 15% who favour employment), followed by Brazil (63% vs. 33%), China (56% vs. 32%), Croatia (54% vs. 40%) and South Korea (53% vs. 46%)”. However, some non-EU countries are more in line with the EU results, notably Norway, where 73% of respondents favour employment and only 23% say they would rather be self-employed, as well as Switzerland (58% vs. 39%) and Israel (58% vs. 34%)”.

Seemingly the Directorate considers these answers as a matter of just “preference” and its writer avoids drawing the right conclusion. It is obvious that in countries like Turkey, China and Korea the employee status is the least protected by legislation and people working for others have to be prepared to tolerate anything from their bosses.

On the contrary in well-governed countries with tough and applied in practice labour laws like Norway and Switzerland, the employee status is not only well-respected in society but it is also the natural path for young graduates.

It’s quite disappointing to see a lot of taxpayers’ money to be spent in maintaining such costly services, like the Brussels Commission, with zero or even negative returns for the average working man and woman who pay for them.

the sting Milestone

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