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Europe Daily Bulletin No. 9152

16 March 2006
GENERAL NEWS / (eu) eu/enterprise
Commission tables initiative to facilitate transfer of businesses

Brussels, 15/03/2006 (Agence Europe) - To counter the annual loss of thousands of economically sound businesses (largely SMEs) which fail to overcome the difficulties involved in the transfer of ownership, and to lessen the effects of the retirement of almost a third of European entrepreneurs, mainly those running family businesses, over the next ten years, the Commission, on 14 March, presented an initiative to facilitate the transfer of businesses in a communication entitled “Transfer of...

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