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.

Volodymyr Zelensky - Photo © European Union 2025

EU leaders at their final summit of the year agreed to provide a loan to Ukraine of EUR 90 billion for the next two years instead of through Russia’s frozen assets, in view objection from the Czech Republic, Hungary, and Slovakia.