Tag: COSME

COSME: In the business of helping small and medium-sized firms

COSME: In the business of helping small and medium-sized firms

| November 19, 2014 | 0 Comments

Representing more than 99% of EU businesses and providing two out of three private sector jobs, small and medium-sized firms are rightly known as the backbone of Europe’s economy. But things are not always easy for them. That´s why the European Commission has launched the COSME programme to facilitate their access to finance and markets […]

Continue Reading

Amending EU Budget to cover research, education, support to businesses and Cohesion Policy

Amending EU Budget to cover research, education, support to businesses and Cohesion Policy

The Commission is proposing to increase the 2014 level of payment appropriations by €4.738 billion to cover legal obligations in research and innovation, education and support for small- and medium-sized enterprises. Higher reimbursement claims from member states in cohesion policy have to be addressed as well as the difficult situation in the Ukraine. The Commission […]

Continue Reading

Commission encourages use of EU financial instruments in Greece

Commission encourages use of EU financial instruments in Greece

Under the auspices of the Greek Presidency of the European Union, the European Commission holds today (27 March) in Athens an ‘EU Access to Finance Day’, a conference devoted to the new generation of EU financial instruments to support small and medium-sized businesses from 2014 to 2020. The aim of today’s conference is to pave the […]

Continue Reading

Commission presents Communication for ‘European industrial renaissance’

Commission presents Communication for ‘European industrial renaissance’

| January 18, 2014 | 0 Comments

On 22 January, the European Commission will adopt the Communication ‘For a European industrial renaissance’, which puts the real economy and industry at the heart of the growth strategy. The aim is to revert the industrial decline and reach the 20% target of GDP related to manufacture activities by 2020. To attract new investments and […]

Continue Reading

COSME: €2.3 billion to foster the competitiveness of SMEs over next seven years

COSME: €2.3 billion to foster the competitiveness of SMEs over next seven years

| November 22, 2013 | 0 Comments

On 21 November, the European Commission welcomed the adoption of the programme COSME by the European Parliament. COSME aims to ease the access to credit problems that small businesses currently face. With a €2.3 billion budget over the period 2014-2020 the Programme for the Competitiveness of Small and Medium-sized Enterprises (COSME) will for example provide […]

Continue Reading

One of three SMEs did not get the finance they needed in 2013

One of three SMEs did not get the finance they needed in 2013

| November 15, 2013 | 0 Comments

Access to finance is still among the top concerns of the EU’s small and medium sized enterprises and younger and smaller firms are the most badly affected, according to the Access to Finance survey released on 14 November by the European Commission and European Central Bank. About one third of the SMEs surveyed did not […]

Continue Reading

EU Access to Finance Days: Helping to shape an SME-friendly financing market

EU Access to Finance Days: Helping to shape an SME-friendly financing market

| October 31, 2013 | 0 Comments

Credit availability for non-financial businesses in the eurozone is now at its lowest point since the beginning of the credit crunch, according to the latest figures from the European Central Bank. Small- and medium-sized enterprises, on which the EU relies for 85% of new jobs in the private sector, are particularly badly affected by this […]

Continue Reading