( September 23, 2026, 14:40 GMT | Official Statement) -- MLex Summary: Eleven member states have called for the European Union to tweak its definition of "undertaking in difficulty." The countries want to make sure the definition doesn't impose "unnecessary administrative complexity" on innovative small companies which fall in this category despite being in good economic health. The note — signed by the Netherlands, Austria, Belgium, the Czech Republic, France, Germany, Italy, Latvia, Luxembourg, Poland and Slovakia — will be discussed by the bloc's Economic Affairs ministers on Thursday.Document is attached....
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