Wed 12 Aug 2026
FTSE 100 10,813.84 -0.68%Microsoft 493.28 +1.19%NVIDIA 223.84 +2.11%Apple 301.22 -3.14%Google 341.13 -5.28%S&P 500 7,741.35 +0.23%Nasdaq 26,558.99 +0.74%Dow 53,749.44 -1.10%Russell 2000 3,030.44 +0.37%US 10Y Treasury 4.68% +0.13%Euro Stoxx 50 6,530.17 +0.42%DAX 26,324.09 +0.76%AEX-Index 1,110.62 -0.17%Nikkei 225 67,524.06 +1.85%Hang Seng 25,440.17 -1.84%Gold $4,487.30 +3.38%Silver $66.18 +4.50%Brent Crude Oil $88.91 +6.42%Natural Gas $2.80 +5.22%Copper $6.65 +1.17%GBP/USD 1.3509 +0.29%GBP/EUR 1.1699 +0.40%GBP/AUD 1.9091 +0.03%Bitcoin (USD) $63,407 -2.31%Ethereum (USD) $1,891 -1.30%FTSE 100 10,813.84 -0.68%Microsoft 493.28 +1.19%NVIDIA 223.84 +2.11%Apple 301.22 -3.14%Google 341.13 -5.28%S&P 500 7,741.35 +0.23%Nasdaq 26,558.99 +0.74%Dow 53,749.44 -1.10%Russell 2000 3,030.44 +0.37%US 10Y Treasury 4.68% +0.13%Euro Stoxx 50 6,530.17 +0.42%DAX 26,324.09 +0.76%AEX-Index 1,110.62 -0.17%Nikkei 225 67,524.06 +1.85%Hang Seng 25,440.17 -1.84%Gold $4,487.30 +3.38%Silver $66.18 +4.50%Brent Crude Oil $88.91 +6.42%Natural Gas $2.80 +5.22%Copper $6.65 +1.17%GBP/USD 1.3509 +0.29%GBP/EUR 1.1699 +0.40%GBP/AUD 1.9091 +0.03%Bitcoin (USD) $63,407 -2.31%Ethereum (USD) $1,891 -1.30%
Markets
Advertisement
Follow News in 60 on Facebook
UK Weather
London 32°C SunnyBirmingham 33°C SunnyManchester 32°C SunnyNewcastle 18°C Light rain showerBristol 35°C Partly CloudyPembroke 25°C SunnyEdinburgh 24°C Partly CloudyBelfast 23°C Partly CloudyInverness 24°C Partly CloudyPenzance 22°C SunnyHolyhead 22°C SunnyNorwich 28°C Sunny
More Info

New EU Packaging Rules Spark Concerns Among Small Businesses

Advertisement
Follow News in 60 on Facebook

The recent introduction of EU packaging regulations aims to tackle packaging waste and restrict harmful chemicals like PFAS, which have been linked to health risks. While these rules are intended to promote sustainability and public health, small businesses are raising alarms about the potential impact on their operations and costs.

Many small sellers, particularly those engaged in cross-border trade, are finding the new compliance requirements burdensome. The need for additional documentation and the appointment of representatives in each EU country can lead to significant expenses, which are unsustainable for smaller firms. For instance, one small business owner highlighted that the cost of compliance could reach €300 per country annually, making it difficult to continue operations within the EU.

The EU’s push to reduce packaging waste is driven by alarming statistics, with a 20% increase in waste over the past decade. The new rules require stricter standards for packaging materials, which could further complicate logistics for small traders already struggling with the administrative burden. Some businesses have temporarily halted shipments to the EU, fearing they cannot meet the new regulations.

While consumers may not immediately notice changes, the long-term implications of these rules could reshape the market landscape, favouring larger corporations that can absorb compliance costs. As small businesses voice their concerns, a petition has gained traction, calling for the EU to reconsider these regulations to protect micro-businesses from excessive red tape.

Source: DW News

Read more Money news →

Leave a comment

Your email address will not be published. Required fields are marked *