The EESC adopted unanimously in September 2020 the opinion "SME strategy". Amongst its main conclusions were the plead to the Commission to draw up a "Next Generation SME Strategy". Unfortunately, in its 2021 Work Program, the European Commission chose to commit to an update of the Industrial, but not of the SME Strategy.
SME strategy - Related Opinions
Micro enterprises and SMEs (MSME) in all fields need good conditions to survive the health and economic crisis and unlock their potential so that they can grow and create jobs. This opinion examines alternatives to address the administrative ("paper tax") burden on MSMEs, particularly in view of current transparency and disclosure measures to achieve the EU's social and environmental objectives.
Trade Policy Review - An Open, Sustainable and Assertive Trade Policy
Europe is going through a green and digital transformation and the European institutions are committed to ensuring that people remain centre-stage and that the economy works for them.
This own-initiative opinion refers to what a comprehensive approach to industrial policy should include, in order to reposition European production of goods and services in the global context, on the basis of an eco-social open market model that responds to the tradition and the future of the EU.
This opinion aims to identify the barriers, key success factors and solutions for creating a truly innovative business climate to capture the solutions provided by new economic models.
The EESC welcomes in principle the integration of five predecessor programmes (and of the European Statistical Programme, though that extends beyond the scope of the single market) and a number of budget headings into a single market programme, as it can be expected to produce synergies and improve cost efficiency. Due to steadily increasing volume of work in consumer protection policy EESC urges the Commission to further develop cooperation with consumer networks and organisations and to increase funding for consumer protection. It is also concerned that the negotiations on the EU financial framework could result in cuts and thus in a lower budget than in the past.
The EESC supports the proposals that enhance the international competitiveness of SMEs, reduce cost, harmonise and simplify processes for registration, filing of company changes and conversions. It believes that guidance by the Commission to the Member States on transposition of the directives is useful.
The EESC believes that the current proposal, although a step in the right direction, is not enough to tackle the existing barriers on the SME Growth Markets.
It stands by its previous opinions that the low level of communication and bureaucratic approaches are significant barriers and much more effort must be put into overcoming these obstacles.
Communication from Brussels should always target the bottom of the chain – the SMEs themselves. The EESC also advises the European Commission to look into the possibility of attracting institutional investors, such as private pension funds, to invest in these SME Growth Markets.
The Bulgarian presidency of the Council of the EU has requested the EESC to prepare an exploratory opinion on how to best promote SMEs in Europe with a special focus on a horizontal legislative SME approach and respect of the SBA's "think small first".