In 2022, the EU had 32.3 million enterprises, employing 160 million persons. Of that total, 99% were micro and small enterprises employing up to 49 persons. Micro and small enterprises employed 77.5 million persons, i.e. almost half (48%) of the total number of all persons employed in enterprises. They generated €11.9 trillion in turnover, representing 31% of the total […]
EIB and MicroBank to provide €200 million to finance microenterprises and self-employed in Spain
The EIB and MicroBank have signed a €100 million loan that MicroBank will top up with a further €100 million to provide microloans to small businesses and self-employed individuals wanting to launch or expand their businesses. The transaction will boost job creation, especially among young entrepreneurs in need of liquidity to turn their ideas into business […]