1. Underlines the importance of creating a more transparent, stable, reliable and accountable corporate sector in the EU, with improved corporate governance; considers that the corporate sector should be able to take social, ethical and environmental concerns into account in its practices and to demonstrate its responsibilities both towards employees and shareholders and towards society at large, in addition to ensuring better economic performance and the creation of decent jobs;

4. Underlines the importance of creating a more transparent, stable, reliable and accountable corporate sector in the EU, with improved corporate governance; considers that the corporate sector should be able to take social, ethical and environmental concerns into account in its practices and to demonstrate its responsibilities both towards employees and shareholders and towards society at large, in addition to ensuring better economic performance and the creation of decent jobs;

Remuneration practices in the financial undertakings sector, particularly in banks and investment firms, have led to excessive risk-taking.

Kosovo's Ministry of Trade and Industry has recently adopted a Private Sector Development Strategy, which focuses on improving access to finance for small businesses, attracting FDI for socially owned enterprises (SOEs), improving corporate governance for publicly owned enterprises (POEs) and a stricter regulatory environment.

It may be observed in passing that the Commission defines the ‘business sector’ as ‘private enterprises irrespective of their size and State-owned enterprises operating under market conditions’.

In order to enhance the capacity of the Community, the Member States and consequently the business community to prevent, to address and to respond to major network and information security risks, the European Network and Information Security Agency (ENISA) was established in 2004 for a period of five years.[3] The Agency was established with the main goal of “ensuring a high and effective level of network and information security within the Community, (..) in order to develop a culture of network and information security for the benefit of the citizens, consumers, enterprises and public sector organisations of the European Union, thus co ...[+++]ntributing to the smooth functioning of the internal market”.