Source: European Parliament
Small and medium-sized enterprises (SMEs) constitute 99% of companies in the EU. Various action programmes have been adopted in order to increase the competitiveness of SMEs through research and innovation, and to provide better access to finance. Strategies to ensure better conditions for SMEs have also taken into account carbon neutrality and the digital transition. Also, recent geopolitical developments have stimulated new thinking about economic recovery, reconstruction and building SME resilience.