Small and medium-sized enterprises (SMEs) represent 99% of all businesses in the EU. The definition of an SME is important for access to finance and EU support programmes targeted specifically at these enterprises. Small and medium-sized enterprises (SMEs) are defined in the EU recommendation 2003/361. The main factors determining whether an enterprise is an SME are staff headcount either turnover or balance sheet total...
According to the latest data released by Eurostat, the statistical office of the European Union, the job vacancy rate in the euro area decreased to 2.7% in the fourth quarter of 2023, marking a decline from 2.9% in the previous quarter and 3.1% in the same period of 2022. Similarly, within the EU, the job vacancy rate dropped to 2.5% in the fourth quarter of 2023, down from 2.6% in the previous quarter and 2.8% in the fourth quarter of 2022. In...
Decision on applications must be made in maximum 90 days Permit holder can apply from within the EU territory and change employer Unemployment possible up to six months without having permit withdrawn The European Parliament backed today more effective EU rules for combined work and residence permits for third-country nationals. The update of the Single permit directive, adopted in 2011, which established a single administrative procedure...
The European Commission has proposed the creation of an EU Talent Pool with the aim of facilitating international recruitment to respond to skills and labour shortages. The Government submitted a Union communication on its position concerning the proposal to Parliament on 29 February 2024. The Commission proposes the creation of EU Talent Pool – an EU-wide digital platform of available talent. The purpose of Talent Pool would be to match open...
