Key challenges

Key challenges for SMEs in the EU

Key challenges for SMEs in the EU

During her 2023 state of the Union address, Commission President Ursula von der Leyen highlighted the difficult situation SMEs can find themselves in: ‘Small companies do not have the capacity to cope with complex administration. Or they are held back by lengthy processes. This often means they do less with the time they have – and that they miss out on opportunities to grow’.
A recent Eurobarometer survey showed how regulatory obstacles and administrative burdens are the problems most mentioned by SMEs.


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