Championing Europe’s SMEs: Commission provides new relief to boost the competitiveness and resilience of SMEs
The Commission is presenting a series of initiatives to address the needs of Europe’s small and medium-sized enterprises (SMEs) in the current economic environment. The new Regulation on combatting late payments in commercial transactions tackles payment delays, an unfair practice that compromises the cash flow of SMEs and hampers the competitiveness and resilience of supply chains.