SPECIAL REPORT / Increasing divergence in the performance of Europe’s small and medium sized enterprises (SMEs) is contributing to a jobless recovery and, says a new Commission report calling for more cross-border efforts and a new entrepreneurial policy to redress the situation.

The Commission’s SME Performance Review 2012 report, conducted by consultancy Ecorys, confirmed the domination of the European business market by SMEs, with 98% of all enterprises with some 20.7 million firms and more than 87 million people employees.

The lion’s share of these firms (92%) are micro firms, employing fewer than 10 employees, but performance of across the EU is increasingly divergent, said the report, published yesterday (15 October).

To read the original article: Entrepreneurship envoys to fix uneven SME performance | EurActiv