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Parliamentary questions
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29 August 2019
Question for written answer E-002574-19
to the Commission
Rule 138
Henna Virkkunen (PPE)

 Subject:  Renewal of the EU's policy on SMEs
 Answer in writing 

The EU has published various programmes and declarations to promote SME entrepreneurship (e.g. the Small Business Act and the Entrepreneurship 2020 Action Plan), adopted legislation to promote the viability of small businesses and developed methods for assessing the impact of regulation. The Small Business Act for Europe (SBA) — the EU’s programme for SME entrepreneurship — has improved SMEs’ access to markets and finance, reduced administrative burdens and promoted the attractiveness of entrepreneurship at EU level and in the Member States. Although many of the ten principles of the SBA still meet the needs of European SMEs today, the programme requires an update as regards both its substantive principles and its governance model. A comprehensive reform and plan is needed to make the EU regulatory system as a whole more favourable to small businesses and entrepreneurs.

How does the Commission plan to renew the EU’s policy on SMEs, and will it update the Small Business Act (COM(2008) 0394)?

How does the Commission intend to strengthen the ‘Think Small First’ principle in EU decision-making?

Original language of question: FI 
Last updated: 6 September 2019Legal notice