Pandemic Impact on the Self-Employed

Global pandemic impact on the economy

The SMEunited report published last week outlines the socio-economic impact of the pandemic and of the containment measures on the labour market and on households. Particular focus is put on the negative consequences faced by self-employed. They have been disproportionately impacted by the crisis. National Recovery and Resilience Plans should provide targeted measures to allow…

Keeping SMEs Afloat

The Autumn SMEunited Barometer shows that SMEs are heavily impacted by the crisis. Especially lockdowns had a dramatic impact on many services sectors. The situation for autumn was far from going back to normal and the second wave may stop the rebound completely. The pandemic drops SME confidence to an all-time low of 54,2 points….

EU Recovery Strategy Supported by SMEs

The EU’s European Recovery Strategy with its Recovery Fund and the adapted Multiannual Financial is a bold step, said SMEunited President Alban Maggiar in a first reaction to last week’s announcement from European Commission President Ursula von der Leyen.  He said it is a strong sign of solidarity combined with the will and the instruments…

Recovery Strategy for SMEs

The business environment for SMEs has dramatically changed for the worse in the past weeks.  This has a huge negative impact on hundreds of thousands of Crafts and SMEs, and also threatens fundamentally the core role which SMEs play in European citizen’s everyday life. To support the survival and quick recovery of SMEs across Europe,…

Maggiar calls for EU Budget With Strong Focus on SMEs

Ahead of the extraordinary European Council on the next Multiannual Financial Framework, SMEunited President Alban Maggiar has “reminded” European leaders on the priorities ahead.  Maggiar says Europe will only be able to provide welfare to its people, if it invests in future competitiveness, based on a greener and digital economy.  Therefore, Maggiar urges the European…