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Access to Finance as Main Challenge for European SMEs. Can COSME Help between 2014-2020?

Author

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  • László Borbás

    (Óbuda University)

Abstract

Lack of finance is one of the most important problemsof SMEs all over Europe. Insufficient financial resources are barriers to the growth and employment in the SME sector and at the same time japerdize governments efforts reaching EU targets In EU documents this is highlighted for many years and focused in the ‘Programme for Competitiveness of enterprises and SMEs(COSME)2014-2020’. Current position of EU Member States concerning access to finance was analysed by Commission staff working document in 2011. By the help of these documents we shall give an overall picture about the above mentioned topic.

Suggested Citation

  • László Borbás, 2013. "Access to Finance as Main Challenge for European SMEs. Can COSME Help between 2014-2020?," Proceedings- 11th International Conference on Mangement, Enterprise and Benchmarking (MEB 2013),, Óbuda University, Keleti Faculty of Business and Management.
    • Handle: RePEc:pkk:meb013:247-262
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    File URL: http://www.kgk.uni-obuda.hu/sites/default/files/19_Borbas.pdf
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    References listed on IDEAS

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    1. György Kadocsa, 2007. "Competitiveness Survey of Small Enterprises in Hungary," Proceedings-5th International Conference on Management, Enterprise and Benchmarking (MEB 2007),, Óbuda University, Keleti Faculty of Business and Management.
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    1. György Kadocsa & László Borbás, 2010. "Possible ways for improving the competitiveness of SMEs. A Central-European approach," Proceedings-8th International Conference on Mangement,Enterprise and Benchmarking (MEB 2010),, Óbuda University, Keleti Faculty of Business and Management.

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