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The economic situation for SMEs: is the financial crisis behind? Gerhard Huemer Brussels, 28 May 2011. About UEAPME. UEAPME is the European Craft and SME association: Representing 12 million SMEs from 35 Countries in Europe 84 European (branches) and national (horizontal) members
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The economic situation for SMEs:is the financial crisis behind?Gerhard HuemerBrussels, 28 May 2011
About UEAPME UEAPME is the European Craft and SME association: • Representing 12 million SMEs from 35 Countries in Europe • 84 European (branches) and national (horizontal) members • UEAPME is one of the four European Social Partners • UEAPME exists because • 99.8% of all enterprises are SMEs • about 2/3 of private jobs are provided by SMEs • 80% of legislation and regulations effecting SMEs come from Europe
Positive Business Climate Development, butincreasing drift in Europe‘s economy
Construction sector hit hardest by economic crisis Manufactoring and business services recovered relative quick
Micro firms‘ employment more stable: The larger company, the higher variance in employment
Rue Jacques de Lalaing 4 B-1040 BrusselsT: +32 2 2850719 F: +32 2 2307861E: g.huemer@ueapme.com W: www.ueapme.com Thank you for your attention! More information on the SME Barometer can be found at: www.ueapme.com/Study-Unit Gerhard Huemer