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Small Business:driving EU growth?

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Policymakers should prepare for a future in which big manufacturing business no longer exists and has been replaced by a string of ‘micro-multinational’ SMEs, according to a policy brief from an influential European think tank.

A growing community of online investors with competitive interest rates is filling a funding gap for SMEs at a time when access to bank loans is drying up. 

If retailers had just one set of contract laws across the bloc, eCommerce would take off exponentially, the European Commission will argue in an upcoming proposal next week. But disgruntled businesses are gearing up against the draft regulation. 

European SMEs could scoop up additional profits of €1.2 billion if they set aside their persistant security fears over cloud computing and adopt the new technology, claimed participants at a round table yesterday (October 4).

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