Finnegan's Take

Archives for SMEs

EU leaders seem to have just discovered the EIB but the truth is the bank has grown increasingly active since the crisis broke In the sleepy Luxembourg headquarters of the European Investment Bank they are unsure how to handle their 15 minutes of fame. Suddenly everyone from François Hollande and Angela Merkel to David Cameron… » read more

Posted by Gary Finnegan

Fears that Greece could default on its debt tops the EU agenda because it puts the balance sheets of a dozen German and French banks in peril. But Greece has already defaulted on its debts to companies. What is default? EU leaders have been trying to find a way around the fact that Greece cannot… » read more

Posted by Gary Finnegan

Tajani is a disaster.

Tajani must go. He works half a week, gives glib and disingenuous answers to questions, but somehow he is Vice President of the European Commission. I’m sick of Antonio Tajani and his disrespectful, blasé attitude to his brief. Today he turned up in the press room to launch the SME Finance Forum and spoke in… » read more

Posted by Gary Finnegan

Some businesspeople want government to leave them alone; others want a bailout and shelter from the storm. They can’t have both. It’s (still) SME Week and I’ve met a lot of entrepreneurs in the last couple of days. They are interesting people: dreamers, risk-takers and chancers in varying measure. But I note a philosophical divide… » read more

Posted by Gary Finnegan

Some entrepreneurs say their drive comes from within while others point to role models who helped them think for themselves I’m just back from a round-table discussion on whether you can teach entrepreneurship. The room was packed with people who have started their own businesses but there was no real consensus on how to help… » read more

Posted by Gary Finnegan

EU member states are undermining Europe’s power by pursuing their own interests – and China sees it this way too I broke a story today on the EU’s last-minute decision to scrap plans for an SME Centre in Beijing. The office would have helped European firms to do business in China. The reasons for the… » read more

Posted by Gary Finnegan

Lawmakers will soon have so many issues to consider that they will be unable to function A new report by a panel of innovation experts offers a useful insight into the thinking that will shape next year’s European Innovation Act. It covers financing, collaboration and it attempts to broaden the definition of innovation. It is… » read more

Posted by Gary Finnegan

Patent reform shelved pending European Cout of Justice decision European member states have found a new excuse for their failure to agree on the community patent system which all are agreed is essential to the much-vaunted “knowledge economy”: the positive move to introduce a unified patent litigation system (UPLS) requires the opinion of the European… » read more

Posted by Gary Finnegan

When words like “subprime” and “credit crunch” entered the public lexicon in 2007, commentators said it would pass within a few months. Once banks published their annual reports, they said, we’d know who had toxic assets on their balance sheets and confidence would return to the markets. That was two years ago. Now, as the… » read more

Posted by Gary Finnegan