Public policy and support for restructuring in SMEs

Across Europe, restructuring in SMEs receives less public attention than large-scale restructuring. However, the recent economic crisis has sharpened policy focus in this area. The current discussion centres around the anticipation of change and individual forms of restructuring – particularly business expansion and internal restructuring – with the accent on business rather than labour market issues. A wide range of supports for SMEs and their employees in restructuring is available – either as part of the support provided for all restructurings, or specifically targeted at SMEs and their employees.