Strengthening supports for SMEs across Europe

Supporting jobs, growth and investment is the EU Commission’s number one priority, says Commissioner Elżbieta Bieńkowska

Commissioner Elżbieta Bieńkowska

SMEs are the backbone of the EU’s economy, acting as engines that drive job creation, innovation and growth across Europe. According to our latest statistics, almost 23 million SMEs generate around €3.9 trillion in value added across the EU. They employ 90 million people, representing two-thirds of the EU’s workforce, and this number has been growing over the last few years.

Ireland’s SME sector has witnessed a strong recovery since the height of ...