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UK government welcomes European Commission's Small Business Act Review
The UK government and other European member states including Belgium and Italy have welcomed the publication of the European Commission's Small Business Act Review.
Together, they have committed to working together in Europe to promote the interests of small and medium sized enterprises (SMEs) and have urged the Commission to host a forum for small business ministers as part of a renewed focus on putting SMEs at the heart of European decisions.
In a joint statement they said: "As Europe faces the challenges of the 21st century, SMEs will play a vital role as engines of growth and jobs. We will continue to implement national policies to encourage enterprise and support our small businesses. And we will work together in Europe to remove barriers to success."
"Above all, we must ensure EU regulations do not place unnecessary burdens on our small businesses, that SMEs are able to secure the finance they need and that they can readily take advantage of new market opportunities."
Further information:
Department for Business, Innovation and Skills
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