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.

Brussels mulls revision of Late Payment Directive
The European Commission launched an open public consultation Friday to collect information on late or unfair payment practices and payment behaviour in commercial transactions.The…

Croatia completes euro changeover
Croatia has successfully completed its changeover to the euro single currency, with a 14-day dual circulation period (when both the…