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This own initiative opinion intends to explore the role of business transfers in the sustainable recovery and growth in European SME sector and how the business transfers could be further promoted and facilitated at the European level. There is a need to accelerate concrete follow-up actions for the promotion of business transfers, which is also one of the action points of the recent EU SME Strategy. It is crucial to raise awareness of the potential that business transfers have to the economic growth and the SME sector.
On 19 July, the Commission has adopted a proposal for a Regulation by the European Parliament and the Council establishing the European Defence Industry Reinforcement through common Procurement Act (EDIRPA) for 2022-2024.
Crypto-assets are a digital representation of value or rights which may be transferred and stored electronically, using distributed ledger technology or similar technology (e.g. blockhain). They are neither issued nor guaranteed by a central bank or public authority, and can be used as a means of exchange and/or for investment purposes and/or to access a good or service. A wide range of crypto-assets exist, encompassing different features and functions, hence presenting different challenges and risks.