As the European Union economy threatens to dip into recession again, the 20.7 million small and medium-size companies (SMEs) that form its backbone are yet to recover to their pre-crisis levels in terms of value-added and employment, according to the European Commission’s 2012 annual report on the status of SMEs published this week.
The report, ‘EU SMEs in 2012: at the cross roads’ might more appropriately be entitled ‘EU SMEs in 2012: at a...
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