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.

Parcel post - Image by congerdesign from Pixabay

The EU Council has formally approved new customs duty rules for items contained in small parcels entering the EU, largely via e-commerce, a response to what it calls unfair competition for EU sellers.