AGP Executive Report
Last update: an hour agoEU SME Snapshot: Eurostat says 34m enterprises in the EU employed 164.5m people in 2024, generating €38.7tn net turnover and €10.9tn value added, with micro and small firms (99%) driving 48% of jobs and 35% of value added. EU Regulation for Software: The EU Cyber Resilience Act moves cybersecurity into market access rules, requiring CE marking and free security updates for software products with digital elements, with reporting already starting for exploited vulnerabilities and severe incidents. Consumer Info Rules: A coalition of consumer-facing operators, including SMEs, urges EU policymakers to create a harmonised legal framework for digital product information (like QR codes) to avoid conflicting national approaches. Trade Pressure on SMEs: In the US, a trade court is scrutinising Trump’s forced-labour tariffs covering 60 trading partners, with small businesses arguing the administration exceeded legal authority and skipped country-specific justification. Cross-border Payments: Payoneer renews its Etsy partnership through 2029 to help small sellers manage international payouts across Europe and other regions. Skills Funding (UK): Chancellor John Healey pledges an extra £100m over two years to expand apprenticeship services nationwide, aiming to match young people with local employers.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.