{"id":394792,"date":"2024-10-03T15:58:56","date_gmt":"2024-10-03T13:58:56","guid":{"rendered":"https:\/\/www.eunews.it\/2024\/10\/03\/competitivita-finanziamento-pmi-eurozona\/"},"modified":"2024-10-10T10:42:57","modified_gmt":"2024-10-10T08:42:57","slug":"competitiveness-smes-financing-on-the-table-at-the-eurogroup","status":"publish","type":"post","link":"https:\/\/www.eunews.it\/en\/2024\/10\/03\/competitiveness-smes-financing-on-the-table-at-the-eurogroup\/","title":{"rendered":"Competitiveness, SMEs financing on the table at the Eurogroup"},"content":{"rendered":"<p>Brussels &#8211; <strong>Competitiveness passes through small and medium-sized enterprises<\/strong>. The road mapped out by the Draghi report to revitalize the European Union in a big way cannot ignore SMEs.\u00a0<span style=\"margin: 0px; padding: 0px;\">The latter represent virtually the entire industrial production fabric of the EU, are\u00a0<a href=\"https:\/\/single-market-economy.ec.europa.eu\/smes_en\" target=\"_blank\" rel=\"noopener\">99 per cent of active businesses<\/a>, and must be put at the centre of the &#8220;new Europe&#8221;, assuming the Draghi report is not revised downward by member states.<\/span>\u00a0Governments are beginning to think about how to nurture European SMEs. Next week&#8217;s Eurogroup meeting in Luxembourg (Oct. 7) marks the start of a reasoning to secure and improve the financing they will need.<\/p>\n<p>Also on the agenda is <strong>the financing of small and medium-sized enterprises<\/strong>. Let no one be under any illusions: the Eurogroup will not be the turning point, but only a discussion, a reasoning in view of the legislative proposals that the second von der Leyen committee will have to finalize once the formation process is completed, between <a href=\"https:\/\/www.eunews.it\/en\/2024\/10\/02\/parliamentary-hearings-of-eu-commissioners-designate-will-be-held-nov-4-12\/\" target=\"_blank\" rel=\"noopener\">auditions of commissioner candidates<\/a> and the final vote. But EU sources assure that they are starting to think about ways, tools and options to &#8220;facilitate&#8221; SMEs financing. They do not want to waste time; on the contrary, they want to be prepared\u00a0for when the European Commission is ready.<\/p>\n<p>The European Investment Bank (EIB) has a place in this still-embryonic thinking. It is looked to for channelling the resources needed to do business and do it better.\u00a0It is no coincidence that the president of the European credit institution, <strong>Nadia Calvi\u00f1o, has been invited to discuss<\/strong> with the economic ministers of the member states (not only those in the euro area but also those in the EU countries without the\u00a0single currency), for a presentation of what has been done and what could be done from here on.<\/p>\n<p>The specific topic is part of the broader political goal of completing the capital market. As admitted in Brussels, it is &#8220;not exactly a pop topic,&#8221; yet fundamental to a new, greater economic weight of the EU on the global stage. &#8220;It is a topic that is in the Letta and Draghi reports, and the goal of the Eurogroup is to continue with the discussion,&#8221; the same EU sources assure.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Small and medium-sized enterprises are the productive fabric of the EU, and ministers think about how to secure the support they need to revitalize Europe in a big way<\/p>\n","protected":false},"author":494,"featured_media":241673,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"episode_type":"","audio_file":"","podmotor_file_id":"","podmotor_episode_id":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","filesize_raw":"","date_recorded":"","explicit":"","block":"","jnews-multi-image_gallery":[],"jnews_single_post":{"source_name":"","source_url":"","via_name":"","via_url":"","override_template":"0","override":[{"template":"1","single_blog_custom":"","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_share_counter":"0","show_view_counter":"0","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","post_calculate_word_method":"str_word_count","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","number_popup_post":"1","show_author_box":"0","show_post_related":"1","show_inline_post_related":"0"}],"override_image_size":"0","image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post":"0","trending_post_position":"meta","trending_post_label":"Trending","sponsored_post":"0","sponsored_post_label":"Sponsored by","sponsored_post_name":"","sponsored_post_url":"","sponsored_post_logo_enable":"0","sponsored_post_logo":"","sponsored_post_desc":"","disable_ad":"0"},"jnews_primary_category":{"id":"","hide":""},"jnews_override_counter":{"override_view_counter":"0","view_counter_number":"0","override_share_counter":"0","share_counter_number":"0","override_like_counter":"0","like_counter_number":"0","override_dislike_counter":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[25705],"tags":[26428,26324,27316,25994,25828,28257],"class_list":["post-394792","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-market-capital-en","tag-eurogroup-en","tag-eurozone-en","tag-small-and-medium-sized-business-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/394792","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/users\/494"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/comments?post=394792"}],"version-history":[{"count":4,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/394792\/revisions"}],"predecessor-version":[{"id":394893,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/394792\/revisions\/394893"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media\/241673"}],"wp:attachment":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media?parent=394792"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/categories?post=394792"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/tags?post=394792"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}