Economy of the European Union

(From ec.europa.eu ) As pointed out by the European Commission, entrepreneurship and self-employment help create jobs, develop skills and give unemployed and vulnerable people an opportunity to fully participate in society and the economy. Accounting for 14% of total employment, self-employed people play an important role in the EU economy. The latest Eurostat figures show that 30.6 million people aged 15-64 in the EU were self-employed in 2016. Considering that SMEs make up 99% of companies in the EU and account for two thirds of total employment, it’s clear why the Commission supports these...