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COSME to spur access to credit for small enterprises

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The European Commission is dedicated to helping Europe’s small and medium-sized enterprises (SMEs) overcome the financing problems currently plaguing Europe.

This is the inspiration behind a new programme called COSME (Competitiveness of Enterprises and SMEs), which will free up funding for SMEs and help small businesses – the backbone of Europe’s economy – create goods, services and jobs. In an interview with E&I Magazine, Vice-President Antonio Tajani explains what the Commission hopes to achieve with COSME, how the financial support will work,  what COSME means for an SME in practicable terms,  how many businesses will profit, the economic impact of COSME and other support that is foreseen for SMEs as part of COSME?

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