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.

Costa - Zelensky - von der Leyen - Photo © European Union 2026

The EU Member States at an informal summit adopted the final key piece of legislation underpinning a €90 billion EU loan to Ukraine, allowing the Commission to begin disbursements as soon as possible in the second quarter of 2026.