EU companies rely excessively on banking financing and are highly indebted. This own-initiative opinion proposes the development of a highly subordinated instrument at EU level that boosts the recapitalisation of EU firms. This would be a secure and easy-to-implement solution for SMEs, that would improve their financial position and promote investment without increasing leverage.
SME strategy - Related Opinions
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This own initiative opinion intends to explore the role of business transfers in the sustainable recovery and growth in European SME sector and how the business transfers could be further promoted and facilitated at the European level. There is a need to accelerate concrete follow-up actions for the promotion of business transfers, which is also one of the action points of the recent EU SME Strategy. It is crucial to raise awareness of the potential that business transfers have to the economic growth and the SME sector.
This opinion will assess the chances and challenges that SMEs face due to the green transition and will call the EU and the Member States to provide them with a favourable business environment, proper funding and support measures.
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. The objectives of this follow-up opinion are the following: present the SME position on how to channel in the best way the unprecedented financial support, coming from the MFF 2021-2027, Next Generation EU and Recovery and Resilience Facility Mechanism; identify and respond to the difficulties SMEs face when accessing the single market and generate ideas on how to use the COVID-19 crisis as a driver for change and catalyst of the transition of the SMEs towards sustainable and digital economy.
Reconciling ambitious sustainable and social objectives with an enabling environment for micro, small and medium-sized enterprises
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
Industrial transition towards a green and digital European economy: regulatory requirements and the role of social partners and civil society (exploratory opinion requested by the Parliament)
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.
"Use-value" is back: new prospects and challenges for European products and services (own-initiative opinion)
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.
Fostering an entrepreneurship and innovation friendly single market – promoting new business models to meet societal challenges and transitions (own-initiative opinion)
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.
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