Economic Policy
The vast majority of the Chamber network’s members are SMEs. For this reason, Eurochambres aims to achieve a more SME-friendly regulatory and policy environment by working towards the enhancement of the Small Business Act for Europe (SBA) and the swift implementation of the SME and the Industrial Strategies. In this framework, the effectiveness of the Enterprise Europe Network, in which Chambers are heavily involved, is a top priority.
Chambers are acutely aware of the pivotal role of financial liquidity in businesses’ capacity to grow and scale up. Therefore, Eurochambres defends EU initiatives, programmes and legislation that facilitate adequate access to a range of financing solutions for all types of business, particularly start-ups and SMEs. This includes debt financing, the main source of financing for European businesses, as well as equity financing, particularly relevant for innovative companies.
Eurochambres’ actions in the framework of better regulation focus on two main aspects: minimising the administrative and regulatory burdens on businesses from existing EU legislation and ensuring that the impact of future legislation on SMEs is rigorously tested. Eurochambres thus advocates for a “think small first” approach and the systematic application of the SME Test at EU and national level and regularly assesses the way in which the Commission applies its specific guidelines.
![](https://www.eurochambres.eu/wp-content/uploads/2020/09/iStock-1141500705-1024x647.jpg)
- Giacomo Fersini – Senior Economic Policy Advisor
- Related Documents
- Related Staff Members
- Related Videos
![Scaling up European SMEs’ potential](https://www.eurochambres.eu/wp-content/uploads/2024/04/Copy-of-Copy-of-Copy-of-ECHNews-50-Banner-805-×-612px-6.png)
Scaling up European SMEs’ potential
![European Commission 25% reporting reduction target one year on: no tangible improvement for businesses](https://www.eurochambres.eu/wp-content/uploads/2024/03/Copy-of-Copy-of-ECHNews-50-Banner-805-×-612px-2.png)
European Commission 25% reporting reduction target one year on: no tangible improvement for businesses
![Eurochambres position on the Late Payment regulation](https://www.eurochambres.eu/wp-content/uploads/2023/12/LATE-PAYMENT-REGULATION-IMAGE--1024x778.png)
Eurochambres position on the Late Payment regulation
![Eurochambres Economic Survey 2024: persistent challenges and economic climate set to limit business growth next year](https://www.eurochambres.eu/wp-content/uploads/2023/11/EES2024-Banner-805-x-612-1-1.png)
Eurochambres Economic Survey 2024: persistent challenges and economic climate set to limit business growth next year
![Eurochambres Economic Survey 2024 (EES2024) - Report](https://www.eurochambres.eu/wp-content/uploads/2023/11/EES2024-Banner-805-x-612-1.png)
Eurochambres Economic Survey 2024 (EES2024) - Report
![SME Relief Package: a box half full](https://www.eurochambres.eu/wp-content/uploads/2023/09/Copy-of-SME-Relief-Package-Banner-805-×-612px.png)
SME Relief Package: a box half full
![State of the Union 2023: business competitiveness and tackling regulatory burdens must be priorities](https://www.eurochambres.eu/wp-content/uploads/2023/09/1.png)
State of the Union 2023: business competitiveness and tackling regulatory burdens must be priorities
![State of the SME Union: nurturing growth and resilience for European SMEs](https://www.eurochambres.eu/wp-content/uploads/2023/04/Jean-Charles-Herrenschmidt.png)
State of the SME Union: nurturing growth and resilience for European SMEs
![Eurochambres Mid-term evaluation of the Recovery and Resilience Facility implementation and the next generation of own resources](https://www.eurochambres.eu/wp-content/uploads/2023/06/Recovery-and-Resilience-Facility-position-805-x-612-1.png)
Eurochambres Mid-term evaluation of the Recovery and Resilience Facility implementation and the next generation of own resources
![Eurochambres messages to the 29-30 June 2023 European Council](https://www.eurochambres.eu/wp-content/uploads/2023/06/EU-Council-June-Banner-805-×-612px.png)
Eurochambres messages to the 29-30 June 2023 European Council
![Eurochambres position on the SME Relief Package](https://www.eurochambres.eu/wp-content/uploads/2023/05/SME-Relief-Package-Banner-805-×-612px.png)
Eurochambres position on the SME Relief Package
![Eurochambres position on Net Zero Industry Act](https://www.eurochambres.eu/wp-content/uploads/2023/05/Net-Zero-Industry-Act-Banner-805-×-612px-1.png)
Eurochambres position on Net Zero Industry Act
![Interview with Eurochambres Economic Policy committee chair – Jean-Charles Herrenschmidt](https://www.eurochambres.eu/wp-content/uploads/2023/04/Jean-Charles-Herrenschmidt.png)
Interview with Eurochambres Economic Policy committee chair – Jean-Charles Herrenschmidt
![Tackling late payment behaviours to accelerate critical investments in innovation and greening](https://www.eurochambres.eu/wp-content/uploads/2023/01/Giacomo-5-1024x683.jpg)
Tackling late payment behaviours to accelerate critical investments in innovation and greening
![Eurochambres statement on the EU long-term Competitiveness Strategy](https://www.eurochambres.eu/wp-content/uploads/2023/03/Eurochambres-statement-on-the-EU-Long-term-Competitiveness-Strategy-Banner-805-×-612px-2.png)
Eurochambres statement on the EU long-term Competitiveness Strategy
![Eurochambres position on the Green Deal Industrial Plan: putting Europe’s net-zero industry in the lead](https://www.eurochambres.eu/wp-content/uploads/2023/02/Green-Industrial-Plan-Banner-805-×-612px-1.png)
Eurochambres position on the Green Deal Industrial Plan: putting Europe’s net-zero industry in the lead
![Joint Business Statement on the due diligence proposal](https://www.eurochambres.eu/wp-content/uploads/2023/01/Joint-Statement-Due-Diligence-Banner-805-×-612px.png)
Joint Business Statement on the due diligence proposal
![Joint Press Release: Make Better Regulation work better for SMEs! A joint analysis of the SME Test](https://www.eurochambres.eu/wp-content/uploads/2022/11/SME-Text-Benchmark-PR-.png)
Joint Press Release: Make Better Regulation work better for SMEs! A joint analysis of the SME Test
![SME Test Benchmark 2022 report](https://www.eurochambres.eu/wp-content/uploads/2022/11/805x612px-banner-1024x779.jpg)
SME Test Benchmark 2022 report
![EES2023 Press Release: Business confidence at historic low for 2023](https://www.eurochambres.eu/wp-content/uploads/2022/11/EES2023-Banner-805-×-612px-1-1.png)
EES2023 Press Release: Business confidence at historic low for 2023
![Eurochambres Economic Survey 2023 (EES2023) - Report](https://www.eurochambres.eu/wp-content/uploads/2022/11/EES2023-Banner-805-×-612px-1.png)
Eurochambres Economic Survey 2023 (EES2023) - Report
![Interview with Eurochambres Economic Policy committee chair – Wolfgang Grenke](https://www.eurochambres.eu/wp-content/uploads/2022/01/7-Wolfgang-Grenke-Eurochambres-Vice-President-1-scaled-e1653397569425-1024x1024.jpg)
Interview with Eurochambres Economic Policy committee chair – Wolfgang Grenke
![Eurochambres position on the Proposal for Corporate Sustainability Due Diligence](https://www.eurochambres.eu/wp-content/uploads/2022/06/Position-on-Corporate-Sustainability-Due-Diligence-Event-banner-1.png)
Eurochambres position on the Proposal for Corporate Sustainability Due Diligence
![Europe Day 2022: take inspiration from the past to solve today’s challenges](https://www.eurochambres.eu/wp-content/uploads/2022/05/Europe-Day-2022-Banner-805-×-612px.png)
Europe Day 2022: take inspiration from the past to solve today’s challenges
![Eurochambres position on Recovery and Resilience Facility – an efficient implementation of national plans for SMEs](https://www.eurochambres.eu/wp-content/uploads/2022/05/Recovery-and-Resilience-Facility-Event-banner-PR.png)
Eurochambres position on Recovery and Resilience Facility – an efficient implementation of national plans for SMEs
![2019-24 von der Leyen Commission mid-term review: strong economic headwinds require recalibration of work programme](https://www.eurochambres.eu/wp-content/uploads/2022/04/Mid-term-assessment-Banner-1.png)
2019-24 von der Leyen Commission mid-term review: strong economic headwinds require recalibration of work programme
![Eurochambres positon on 2019-2024 von der Leyen Commission mid-term assessment](https://www.eurochambres.eu/wp-content/uploads/2022/04/Mid-term-assessment-Banner.png)
Eurochambres positon on 2019-2024 von der Leyen Commission mid-term assessment
![Press Release: Corporate due diligence – chambers concerned by both direct and indirect impacts on businesses](https://www.eurochambres.eu/wp-content/uploads/2022/02/Due-Diligence-Event-banner.png)
Press Release: Corporate due diligence – chambers concerned by both direct and indirect impacts on businesses
![Eurochambres position on Better Regulation](https://www.eurochambres.eu/wp-content/uploads/2022/01/Better-Regulation-Event-banner-PR.jpg)
Eurochambres position on Better Regulation
2022 a year to make businesses more resilient and fit for the future
![Eurochambres sets out its priorities for the Conference of the Future of Europe (COFOE)](https://www.eurochambres.eu/wp-content/uploads/2021/12/CoFoE-website-banner-805x612-1.png)
Eurochambres sets out its priorities for the Conference of the Future of Europe (COFOE)
![Eurochambres sets its priorities for the EU SME Assembly 2021](https://www.eurochambres.eu/wp-content/uploads/2021/11/SME-Assembly-Event-banner-PR-2.png)
Eurochambres sets its priorities for the EU SME Assembly 2021
![2022 EUROCHAMBRES Economic Survey: energy costs and skills shortages constrain business optimism for year ahead](https://www.eurochambres.eu/wp-content/uploads/2021/11/EES2022-Event-banner-PR.png)
2022 EUROCHAMBRES Economic Survey: energy costs and skills shortages constrain business optimism for year ahead
![Eurochambres Economic Survey 2022 (EES2022) - Report](https://www.eurochambres.eu/wp-content/uploads/2021/10/EES2022-Event-banner-1.png)
Eurochambres Economic Survey 2022 (EES2022) - Report
Luc Frieden elected as next President of EUROCHAMBRES
Outcomes of Reviving Europe - online event series
Eurochambres key messages for the 29 September 2021 Competitiveness Council meeting
SOTEU 2021: a strong economy is crucial to meeting Europe’s challenges
![Eurochambres position on updated Industrial Strategy](https://www.eurochambres.eu/wp-content/uploads/2021/09/EUROCHAMBRES_IndustrialStrategy-1024x770.png)
Eurochambres position on updated Industrial Strategy
![The European Chamber Network's services to business](https://www.eurochambres.eu/wp-content/uploads/2021/09/Small-banner.png)
The European Chamber Network's services to business
Corporate Sustainable Reporting: The business perspective
![Eurochambres position on the proposal for a Corporate Sustainable Reporting Directive](https://www.eurochambres.eu/wp-content/uploads/2021/07/Banner-1.png)