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EU Financial Engineering and Microfinance Non-financial Service: A Case Study

In: Microfinance, EU Structural Funds and Capacity Building for Managing Authorities

Author

Listed:
  • Maria Claudia Costantini
  • Maria Doiciu
  • Stefanie Lämmermann
  • Andrea Nardone
  • Giovanni Nicola Pes

Abstract

Small and medium-sized enterprises (SMEs) represent 99.8 per cent of the total number of enterprises in Europe and play a key role in terms of economic development and creation of jobs, by accounting for 57.6 per cent of added value in EU-27 and more than two thirds of jobs created in the private sector (Table 3.1). Over 90 per cent of European businesses are microenterprises with less than ten employees, whose importance is particularly significant in South European countries such as Italy, Spain and Portugal.1

Suggested Citation

  • Maria Claudia Costantini & Maria Doiciu & Stefanie Lämmermann & Andrea Nardone & Giovanni Nicola Pes, 2016. "EU Financial Engineering and Microfinance Non-financial Service: A Case Study," Palgrave Studies in Impact Finance, in: Giovanni Nicola Pes & Pasqualina Porretta (ed.), Microfinance, EU Structural Funds and Capacity Building for Managing Authorities, chapter 3, pages 102-147, Palgrave Macmillan.
    • Handle: RePEc:pal:psifcp:978-1-137-53602-0_3
    DOI: 10.1057/9781137536020_3
    as

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