News and information about the European Union’s policies for small and medium-sized businesses.
The conclusion of interinstitutional negotiations on the first Omnibus package today, marks a major setback for the EU’s corporate sustainability framework, with a decision to weaken the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD).
Glassblowers, potters, jewellers and other European makers can from 1 December register their product names under the EU’s new geographical indication scheme for craft and industrial goods.
The EU Commission has proposed a set of amendments to the Sustainable Finance Disclosure Regulation (SFDR), the EU’s transparency framework for financial products integrating environmental or social aims.
Delaying the entry into force on certain provisions of the AI Act until standards and guidance are ready shows the Commission understood SMEs must be able to rely on clear rules and adapted tools before starting working towards compliance.
A mere 1 per cent of EU market producer enterprises were under foreign control in 2023, but their value to the EU’s economy in terms of employment and value added is significant, according to figures from Eurostat.
EuroCommerce, the voice of European retail and wholesale, has today unveiled a set of legal recommendations aimed at reinforcing the enforcement of EU rules to ensure fair competition across the Single Market.
“The role of SME employers as creators of economic prosperity, quality jobs, and social cohesion must be fully and better recognised”, stated SMEunited President Petri Salminen at the Tripartite Social Summit.
