EURACTIV PR

An easy way of publishing your relevant EU press releases.

Date

20 Mar 2014

Sections

EU Elections 2014
CONSTRUCTION SMEs: Drivers of sustainable economic growth in Europe!
Since the last European elections in June 2009, the European economy has been stricken by a deep and  long-lasting crisis, which is especially affecting crafts, small and medium enterprises of the construction sector. Hundreds of thousands construction businesses and jobs have disappeared over the past five  years and the existence of many more construction SMEs is at stake. According to some experts, the 2008 output level of construction enterprises will only be reached again in 2023. Construction SMEs need strong and targeted actions to overcome this downturn and express their full economic potential. The European Institutions and Governments should distinguish between sound budgetary management and blind austerity policies to find a way out from the crisis. 
 
The next European Parliament must engage in providing small and medium-sized enterprises with the political environment and the economic conditions to do what they can do best: work and create jobs and wealth at a local level. Indeed, small and medium enterprises of the construction sector are fundamental for the well-being and the recovery of the European Union.
 
To read the EBC 2014 Manifesto in its entirety, please click here.

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