Time to act to support all type of SMEs and fight youth unemployment

On June 27^th and 28^th, the European Council discussed several issues and proposals aiming to stimulate the EU economy and to restore social and regional cohesion. Specific attention was given to fight youth unemployment and supporting SMEs.

Cooperatives Europe welcomes the fact that support measures for SMEs financing will be a priority. It should, however, be properly balanced between the different development stages for an SME, not just the start-up stage, and the different types of enterprises, based on economic, social and environmental benefits.