THE EUROPEAN UNIONS FINANCIAL ASSISTANCE TO THE SECTOR OF SMALL AND MEDIUM ENTERPRISES

Small and medium enterprises (SME) play an important role in the socio-economic development of Europe, and for this reason the European Union conducts an active policy of supporting their growth. In the years 2007-2013 SME will have access to many EU Programmes, Structural Funds and Initiatives which will help remove barriers obstructing their growth and will enhance their competitiveness and innovativeness. Additionally, those instruments will vitally contribute to exceeding the borders of contemporary knowledge, socio-economic development, cooperation, etc.