On 1 July, the European Committee of the Regions adopted an opinion urging the European Commission to design European Business Wallets as user‑friendly and cost‑effective tools for small and medium‑sized enterprises and self‑employed entrepreneurs. The Wallets would give businesses a unique digital identity and a single channel for communication with EU governments. Members stressed that the solution must avoid adding complexity, should be based on the once‑only principle, and must allow data reuse from existing public‑authority submissions. The opinion calls for clear guidance, awareness campaigns, and adequate funding to support local and regional authorities in implementing the wallets. CoR also emphasized interoperability with existing EU digital tools and the need for cybersecurity safeguards.
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Summary adapted from material on the European Committee of the Regions website (https://cor.europa.eu ).
Original source © European Union under CC BY‑4.0: https://creativecommons.org/licenses/by/4.0/ .
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