Growth prospects for SMEs are encouraging

2013 is likely to mark a turning point for the EU small and medium sized enterprises (SMEs). The total employment in the EU SMEs is expected to increase by 0.3% and value-added by 1% as compared to 2012. Preliminary forecasts expect the positive developments further accelerating in 2014. After five years of an uncertain economic environment, 2013 is expected to be the first year since 2008 with a combined increase in aggregated employment and value-added of EU’s SMEs. These promising projections are backed up by other positive signals. Over the last three years, an increasing number of Member States have seen their small business sectors returning to an expansion of employment and value-added, or at least a petering out of the decline.

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http://europedirect.duth.gr/?q=node/1141