Press Release: Mediterranean: Unleashing mass scale entrepreneurial activity for stabilization and jobs

The democratic uprisings that occurred in the Mediterranean area and the rightful claims of young people for jobs and a better future in these countries have made it clear that the EU needs to offer greater support to the region, both from a democratic and economic perspective. At the 8th Euro-Mediterranean Ministerial Meeting on Industry in Malta today European Commission Vice-President Antonio Tajani launched a set of far reaching proposals for the progressive integration of markets between the EU and the Mediterranean as well as the setting up of a Small Business Act (SBA). Introduced successfully in the EU in 2008 the SBA in the Mediterranean area should help to unleash grass roots entrepreneurship at a mass scale to build dynamic and vivid economies in the neighbour countries.