A new strategy for European SMEs

Reference A9-0237/2020Committee ITRE

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How the groups voted

GroupForAgainstAbstainedAbsentUnity

The Left39

6294074%

S&D145

120102499%

Greens/EFA73

The European Parliament adopted by 533 votes to 58, with 82 abstentions, a resolution on a new strategy for European SMEs.The 24 million SMEs in the EU-27 are the backbone of the economy and, before the pandemic, they generated more than half of the EU’s GDP while employing about 100 million workers. 98.9 % of enterprises in the EU’s non-financial business economy are small enterprises with fewer than 49 workers. However, the economic crisis and the grim economic outlook triggered by the pandemic have brought a considerable and indeterminate number of SMEs and start-ups to the verge of insolvency.According to Members, SMEs should be at the centre of the European Green Deal and digital strategy, and be properly supported by tailored…