Hospitality Relief in the UK: Andy Burnham’s government announced a 20% cut to business rates for pubs, clubs and live music venues in England from April 2027 (on top of a 15% cut earlier), expected to save a typical pub about £1,100 and help nearly 32,000 venues, though some landlords say it won’t move the needle and retail groups warn other high-street businesses are being left behind. SME Support via EU Funds in Bulgaria: Bulgaria’s Regional Development and Public Works Ministry plans a new, more transparent support procedure for SMEs in three coal regions under the Just Transition Fund, after an audit flagged subjective decisions and lack of transparency in the previous process. SME Survival and Growth Traps in Spain: A Spanish restructuring firm highlights how some profitable SMEs still end up in bankruptcy because growth can consume liquidity faster than it’s generated, with Spain seeing a sharp rise in insolvencies. Online Retail Under Fire (Ukraine–Russia): Ukraine’s drone attacks hit Wildberries warehouses in Russia, underlining how major e-commerce logistics hubs can become wartime targets with knock-on risks for smaller sellers. Trade Boost for Non-Traditional Exports: Ghana and the Netherlands signed an MoU to expand Ghana’s non-traditional exports to the EU, with horticulture flagged as a priority and logistics/compliance support included.