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The latest EU SME monitor shows that 40 of a total of 109 regulatory projects that make up the European Commission’s work programme have a strong effect on SMEs. The EU SME monitor is jointly operated by the Federal Ministry for Economic Affairs and Energy and the business associations and wants to give companies an overview of the regulatory projects that are underway in Brussels.

Said Federal Minister for Economic Affairs and Energy Brigitte Zypries: “Many of the projects initiated at EU level have a major impact on SMEs. It is therefore important for small and medium-sized companies to have an opportunity to be up-to-date about any EU regulatory projects in the pipeline that may affect their business. This is why we have the EU SME monitor. This online tool provides information on current projects and gives interested parties information on how to become involved in the legislative process. Companies can use these opportunities to ensure that any regulation is as workable and straightforward as possible.”

Among the projects that are most relevant for SMEs at present are the rules that will govern the digital single market, including those on equitable relations between companies and online platforms. Also important are the planned accessibility requirements for products and services, the services card, and rules designed to better enforce consumer rights. The SME monitor uses a traffic light system to give companies a quick overview of the impact of a piece of regulation (red = highly relevant for SMEs, yellow = possibly relevant, green = not likely to be relevant) and also provides information on consultation procedures and other ways for interested stakeholders to become involved.

For more information, go to www.eu-mittelstandsmonitor.de