SMEs are in the spotlight today. Bogged down in bad news on the political front, Emmanuel Macron is taking back control of the economic field this week, by receiving a hundred leaders of growing small and medium-sized enterprises (SMEs) at the Élysée Palace on Tuesday. It was an opportunity for him to remind them of the central role they play - and could still play more - in improving French competitiveness. If they want to get bigger...
The subject is not new: France is not competitive enough compared to its European neighbors, suffering from a large trade deficit, "fruit of our history since the 1970s," recalls the Élysée. A weight that the head of state would like to free himself from in order to keep his promise to reindustrialize the country. One of the many crux of the problem is the insufficient number of intermediate-sized companies (ETIs), those with between 250 and 499...
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