According toEU data, small and medium-sized enterprises (SMEs) are the backbone of Europes economy.
Yet, business survival for SMEs has been continuously challenged since the pandemic.
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Alarmingly, 46% of businesses across all seven countries say that they are in survival mode.
Romanias example in the research highlights techs role inbusinessgrowth.
They also expect significant growth in the next 12 months.
Only then will SMEs and startups have a fighting chance in the future.
Story byIoanna Lykiardopoulou
Ioanna is a writer at TNW.
With a background in the humanities, she has a soft spot for social impact-enabling technologies.
