Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-23-Speech-2-572-000"
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"en.20121023.45.2-572-000"2
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The global economic crisis that started in 2008 continues to affect SMEs. Despite the hostile environment in which they now operate, SMEs have retained their essential role in the European economy. The 20.7 million SMEs represent over 98 % of European businesses and employ 87 million people. Most SMEs (92.2 %) are micro-enterprises with less than 10 workers. Current estimates show that SMEs account for 67 % of all jobs and 58 % of gross value added. The current trends in the Member States are increasingly divergent and we need positive changes in the area of job creation. In this delicate situation, decisive political action to help SME growth may bring progress."@en1
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