Small and medium-sized enterprises (SMEs) have enormous potential to create new jobs…

Series Title
Series Details 01/08/99, Volume 5, Number 26
Publication Date 01/07/1999
Content Type

Date: 01/07/1999

...although positions in small firms are not as stable as those in larger ones, according to a report released this week by the EU's statistical agency Eurostat. The study found that the EU's 18 million SMEs employ 66&percent; of the workforce and are responsible for 55&percent; of revenues. Two million new such businesses are created in the EU every year.

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