Munich Personal RePEc Archive

Analysis of Place and Role of SME’s in the new Member States of the European Union

Anghel, Laurentiu-Dan and Filip, Alina (2007): Analysis of Place and Role of SME’s in the new Member States of the European Union. Published in: Analele Universitatii din Oradea , Vol. XVI, No. Special (June 2007): pp. 134-139.

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Abstract

Günter Verheugen said: “Europe is good for SME’s and SME’s are good for Europe” and this is the main reason for writing this paper. Small and medium enterprises are the backbone of the European economy, and the best potential source of jobs and growth. The paper presents how SME’s are defined in the EU and also a short comparison of their position in old and new member of the European Union.

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