Photo by LOGAN WEAVER | @LGNWVR on Unsplash MEPs say that the EU should consider imposing “comparable” sanctions on Belarus as it has done on Russia. Such measures would also “act as a deterrent against any attempts to bypass the sanctions,” they assert. The demand is included in a resolution that the European Parliament is due to vote…
Business
International Women’s Day
Photo by Andrew Neel on Unsplash To mark International Women’s Day (8 March), SMEunited has paid tribute to women entrepreneurs and their contribution to the European economy and society. The group, representing SMEs, said women entrepreneurs across Europe “invest their valuable time to represent SMEs at local, regional, national and European level.” According to their recent survey, the…
Reactions to EU-UK Deal over Northern Ireland
Photo by K. Mitch Hodge on Unsplash MEPs and the business community have reacted after the European Commission and UK reached a political agreement in principle in the long running dispute over the Northern Ireland protocol. Known as the Windsor Framework, the new deal constitutes what the EU calls a “comprehensive set of joint solutions aimed at addressing,…
Business Condemns Russian Aggression
Photo by Ahsanization ッ on Unsplash SMEunited, the body representing SMEs in Europe, says it “once again strongly condemns the ongoing aggression” by Russia in Ukraine. Together with its members, it says it also continues to support businesses in Ukraine and Ukrainian refugees living in Europe. A statement said, “2023 remains a severe year for Ukrainians, facing the…
Keeping Coal As Part of the Energy Mix
Photo by Markus Clemens on Unsplash A leading energy expert has urged the EU and international community to ensure coal remains part of Europe’s future energy mix. Vladislav Inozemtsev, speaking in Brussels, said this was not to diminish the role renewables potentially can play in meeting the continent’s energy needs. But, with the ever-present threat of Russia cutting…
Alarming Rate of Increase in Bankruptcies
Photo by Nick Bolton on Unsplash New data shows that the number of bankruptcy declarations among businesses in the EU increased substantially in the fourth quarter of 2022. They were up by a huge 26.8% compared with the previous quarter and reached the highest levels since the start of the data collection in 2015. The number of bankruptcy declarations…
Who regulates the regulators?
Photo by Jacek Dylag on Unsplash Margaret Thatcher was a great believer in privatisation. She said it was crucial for ‘reversing the corrosive and corrupting effects of socialism…. ensuring the power of the people is enhanced….and reclaiming the territory for freedom’, writes Philip Bushill-Matthews. She was equally clear that Governments were inherently inefficient at running businesses, and few…
BusinessEurope SME Roadshow
Photo by Prateek Katyal on Unsplash The BusinessEurope SME Roadshow kicked off today in Finland’s capital city, Helsinki. Finland is the first stop in a series of events across the EU to highlight the role of small and medium-sized enterprises (SMEs) in getting out of the crisis mode in Europe. The event was organised by BusinessEurope together with its…
Ukrainian Railways Wins Europe’s Rail Champion Award
Photo by Todd Trapani on Unsplash The 2023 European Railway Award has been held in Brussels in a 16th edition strongly marked by current events in Ukraine and the sector’s commitment to diversity. The Rail Champion prize was presented to Ukrainian Railways (UZ) for their “remarkable resilience and continuation of transport services in times of war and unimaginable hardship.” Additionally, Eglė Šimė was recognised as…
Ukrainian Railways Wins award
Photo by Marissa Beletti on Unsplash This year’s European Rail Champion Award 2023 has been awarded to Ukrainian Railways. The award is made by the Association of the European Rail Supply Industry and the community of European Railway and Infrastructure Companies It aims to celebrate the achievements of inspired individuals whose bright ideas, ingenious innovations and bold policy initiatives have contributed to enhance, grow…