• 07-FEB-2014

  • SOURCE: EPP TV

EPP Group Notes Success in Promoting SMEs to Drive EU Economy

How well small and medium-size businesses are doing is a good indication of how well the European economy is doing overall. That's because SMEs create nearly 9 out of every 10 jobs. And that's why the European Parliament has made it a priority to give SMEs a better chance to thrive, in a highly competitive global market.

Cutting red tape and costs, speeding formation of small and medium-size businesses, and funding more R&D for them, are ways the European Parliament, with leadership from the EPP Group, has boosted SMEs to spur more growth and job-creation in Europe. MEPs and business leaders agree more efforts are needed in the future. Available material includes an edited package with interviews and vox pop.