Biggest problems faced by businesses in the European Union in 2023

As of 2023, finding employees with the right skills is the largest problem faced by European businesses of all enterprise sizes. Large business find skills shortages to be a larger problem than SMEs, with 72 percent of large business citing it as one of their three most pressing problems, with only 53 percent of micro-businesses saying so. On the other hand, SMEs are much more likely to cite regulatory obstacles, limited access to finance, and unfair competition as being more important issues for them than for large businesses.