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.

European Parliament - Photo © European Union 2026 - source EP

“Entrepreneurs are under an ever-growing mountain of rules, compliance requirements, and reporting obligations. The regulatory crisis facing SMEs must end. Europe must trust entrepreneurs again and, when required, regulate less and regulate better”, stated SMEunited President Davide Galli in response to the State of the European Union address.

Business growth green invest scaleup - Image by Nattanan Kanchanaprat from Pixabay

The European Commission has completed final legal steps to establish the EU’s Scaleup Europe Fund, ready to start boosting Europe’s scale-up companies to grow faster and compete globally with a target of €5 billion.