The European Commission has proposed a new instrument for a new, more powerful and agile trade weapon to be able to impose sanctions quickly and decisively against third countries that are subjecting an EU member state to “economic coercion”. This legal instrument is a response to the deliberate economic pressure to which the EU and […]
SMEs weight in EU’s international trade in goods
In 2019, 99% of importing enterprises in total trade (intra-EU and extra-EU) were small and medium-sized enterprises (SMEs), while this share was only slightly lower for exporting enterprises (98%). For both importing and exporting enterprises, this value remained almost unchanged between 2015 and 2019. Micro enterprises represented the highest share of importing enterprises (77%), significantly higher than […]
Eurobarometer survey: Majority of EU citizens positive about international trade
The results of a special Eurobarometer survey published yesterday by the European Commission show that 60% of Europeans feel that they personally benefit from international trade, 16 percentage points more than 10 years ago at the time of the previous poll. The survey also revealed that 71% of respondents believe that the EU is more […]