The White Paper on Small and Medium Enterprises is a survey based on the answers of 1,096 entrepreneurs.
The main issues faced by SMEs are bureaucracy (61.41%), excessive taxation (54.74%), corruption (45.16%), and excessive checkups (44.98%).
SME’s confidence in the economy is very weak, as only 6.2% of the respondents consider the economic evolution will be a positive one.
Over 81% of the SMEs representatives said they do not plan to access EU funds in the upcoming period, while only 0.18% of the companies received approval for the projects they submitted.
Own sources continue to be the main sources of financing for SMEs, according to 72% of the respondents.