European Union ambassador to Malta Ronald Gallimore yesterday said that small- and medium-sized enterprises (SMEs) were the backbone of the EU’s economy.
Speaking at a conference organised jointly by the Malta Stock Exchange and the Malta Institute of Management, Mr Gallimore said that one of the EU’s priorities should be fulfilling the goals outlined in the Lisbon Strategy.
Mr Gallimore said that the EU’s economic growth strategy was outlined in the Lisbon Strategy. “After introducing the Euro, the European Union’s ambitious goal was for the union to become the most dynamic and knowledge-based economy in the world by 2010.”
