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.

Construction site public procurement - Image by Carole LR from Pixabay

Public procurement in the European Union ensures the efficient use of public funds while promoting fair competition, transparency, and non-discrimination.