SMEs AND ENTREPRENEURS ARE KEY IN SPEARHEADING THE EU’S ECONOMIC RECOVERY

SMEs AND ENTREPRENEURS ARE KEY IN SPEARHEADING THE EU’S ECONOMIC RECOVERY

SMEs are the beating heart of Europe’s economy, accounting for over 90% of all businesses in the EU and for more than half of its gross domestic product (GDP) while employing about 100 million EU workers before the pandemic. Prior to the pandemics there were about 23 million SMEs generating a higher added value of 3.9 billion EUR.

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