New laws seek to boost the competitiveness of so-called small and medium-sized enterprises (SMEs) in the EU as they grow beyond SME status with specific measures. On Wednesday 25 February, three European Parliament committees voted in favour of proposals introducing the concept of small mid-cap companies (SMEs) and extending various exemptions to them that have […]
Parliament approves £90 billion support package for Ukraine
60 billion to strengthen Ukraine’s defence, 30 billion in macro-financial assistance and budgetary support. Ukraine must continue with democratic reforms and the fight against corruption. The loan will be financed by the issuance of common EU debt, and Ukraine will repay it once it receives war reparations from Russia. The plenary gave the green light […]
Commission launches major package to fully integrate EU financial markets
Last December 4, the European Commission adopted a comprehensive package of measures designed to remove barriers and unlock the full potential of the EU single market for financial services. This package is a central component of the Savings and Investments Union (SIU) strategy, aiming to create a more integrated, efficient, and competitive financial system providing EU […]