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Europe Daily Bulletin No. 8463

16 May 2003
Contents Publication in full By article 29 / 31
GENERAL NEWS / (eu) eu/enterprise
Commission adopts new definition "micro", small and medium-sized enterprises

Brussels, 15/05/2003 (Agence Europe) - On 6 May, the European Commission adopted a new definition of “micro”, small and medium-sized enterprises with the aim of promoting entrepreneurship, investment and growth , facilitating access to startup capital, cutting red tape and increasing legal security. The new definition keeps the current staffing thresholds for the companies in question but sharply raises the financial ceilings (turnover or total balance sheet) because of rises in...

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