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News article12 September 2022

EU news for businesses – weekly digest 08/05/2017

Funds, new policies and engagement opportunities: a weekly summary of the most relevant news for small businesses – from EU official sources.

EU news for businesses

Events to look out for

SMEs and entrepreneurs as drivers towards clean energy at EU sustainable Energy Week: 20 June 16:00 CET, Brussels (Belgium). This session will focus on small businesses as key contributors in the transition towards a European Energy Union. It will offer practical support explaining existing funding and support schemes for SMEs and future market niches and opportunities for small entrepreneurs. Register for the event.

Funding available

A new agreement under the SME initiative will unlock 170 million EUR of loans for Spanish businesses. A new agreement was signed between the European Investment Bank Group and Ibercaja under the Spanish SME initiative programme. It will benefit around 2,000 small businesses in the regions of Aragón, Andalucía, Extremadura and Madrid.

European Investment Bank lends Deutsche Leasing 100 million EUR. The European Investment Bank (EIB) and Deutsche Leasing have signed a EUR 100 million promotional lending agreement. Deutsche Leasing will use the EIB loan to provide finance for firms in Germany and elsewhere in Europe, targeting small and medium-sized enterprises (SMEs) and midcaps.

EU policies for better business

European Commission takes new steps to enhance compliance and practical functioning of the EU Single Market. The package of measures will make it easier for companies to manage their paperwork online in their home country or when doing business in another EU country and it will help ensure that commonly agreed EU rules are respected. This initiative can help businesses save up to 11 billion EUR a year.

EU-Canada customs cooperation: what is a REX number and will I need one? Once the Comprehensive Economic and Trade Agreement (CETA) comes into force, exporters will need a REX number to benefit from preferential tariffs.

Get involved

Want to know if you’re ready for e-invoicing? The new Readiness Checker allows you to perform a self-assessment to check readiness towards the EU e-invoicing directive.

What are your drivers and obstacles to updating your EU REACH registration? The European Chemicals Agency (ECHA) has launched a survey to better understand the main obstacles and drivers for registrants in providing updates to their REACH registrations dossiers.

Did you know?

You can follow Ted – tenders electronic daily, the European Union's website for public contracts, on Twitter @EUTenders. There are new business opportunities published every day!