Business finance - Photo by Towfiqu barbhuiya on Unsplash

“Withdrawing a proposal that would have given SMEs the ability to invest, hire, and own their cash flow goes against any commitments this Commission had toward SMEs”, deplored SMEunited President Davide Galli, reacting to the withdrawal of the proposal for a Regulation to combat Late Payment from the Commission work programme.

Tax cooperation signing - Photo © European Union 2016

The European Commission has signed an amending protocol enhancing the existing tax cooperation agreement with Switzerland, part of EU efforts to fight against tax fraud and evasion.

Payment online smartphone - Photo by Jack Sparrow on Pexels

Sending money across the euro area will be faster and safer from today, as new EU rules on instant payments come into force, allowing people and businesses to transfer money in euros across the euro area within seconds.