Small and Medium-sized companies represent 99.8% of all firms, 65% of employment and 53% of the value added generated by the non-financial business sector in the EU. Following the COVID-19 crisis, the public response delivered solutions to address liquidity and short term issues. However, SMEs overindebtedness demands some sort of recapitalisation instrument that allows them to keep or increase their investment effort. The aim of this hearing is to discuss on possible solutions to ease access to equity funding, for instance, through a common EU-wide recapitalisation instrument, along with the presentation of case studies.
In this context of a constantly evolving economic environment and high uncertainty, the ECO section organised a hearing on Thursday, 15 September 2022 (from 10:00 to 13:00) to have an open and inclusive debate. The findings of the hearing will feed into the EESC own-initiative opinion on Recapitalising EU companies.
The event was webstreamed (original, EN, ES and FR).