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Parliamentary question - E-001519/2020Parliamentary question

Cutting red tape for SMEs

Question for written answer E-001519/2020
to the Commission
Rule 138
Olivier Chastel (Renew)

Small and medium-sized enterprises (SMEs) are the cornerstone of the European economy. There are nearly 25 million of them in Europe, and they account for two-thirds of jobs.

At the beginning of March 2020, the Commission brought forward a strategy to unlock the potential of our SMEs and, in particular, improve their access to financing and the single market.

Some 78 % of SMEs take the view that administrative procedures form the main barrier to the single market.

Last updated: 25 September 2020
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