MEASURES TO SUPPORT SMEs IN THE EUROPEAN UNION
MEASURES TO SUPPORT SMEs IN THE EUROPEAN UNION

Summary/Abstract: This paper aims to identify and analyze the principal measures by which European Union supports the establishment and development of small and medium enterprises. SMEs taken individually have a very small power but if we analyze all SMEs in a country we find that they have a very important role in the economy because they provide jobs and their performance may influence the degree of development of an economy. Thus, the European Union focuses its efforts to support SMEs in various fields; these efforts are geared towards both easier accesses to financing and in the direction of regulations, competition, stimulating entrepreneurship. Through this paper we analyze all these measures taken by the European Union and their implementation results. And finally, we will conclude if these measures are effective or not.

• Details
• Contents