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 […]
Commission welcomes deal to simplify and strengthen carbon border adjustment mechanism
The European Commission welcomed the provisional political agreement reached between the European Parliament and the Council last June 18 on the Commission proposal to simplify and strengthen the EU’s carbon border adjustment mechanism (CBAM). On 26 February 2025, the Commission proposed simplifications to the CBAM regulation to reduce administrative burdens for businesses, while maintaining the functionality […]