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Do SMEs create more and better jobs?

The European Commission published today a study analyzing the important role small and medium sized enterprises play in creating more and better jobs. SMEs provide a vital contribution to the European economy, being responsible for more than two thirds of the total employment in the private sectors and 85% of the net job growth.

 
Industrial new orders up by 1.8% in euro area

In October 2011 compared with September 2011, the euro area industrial new orders index rose by 1.8%, after a fall of 7.8% in September. In the EU27new orders increased by 0.5% in October 2011, after a fall of 2.1% in September.

 
Less regulatory burden for small businesses

The Commission today presents a new approach to ensure that the EU responds better to the needs of small businesses. From now on, the European Commission will seek wherever possible to exempt micro-enterprises from EU legislation or introduce special regimes so as to minimise the regulatory burden on them.