John Moran: Small businesses need urgent help in this storm

We need to move quickly to save our small and medium businesses, and with them rural and local communities. Innovative compensation schemes will be key

Already, business owners are giving up the fight for their dreams and are closing down. Their employees are facing up to new shattered realities

There is relief spreading across Europe with the belief that the worst of the Covid-19 pandemic is receding, but we emerge from one nightmare to another: the prospect of a meltdown of small and medium enterprises. This will become very serious if we do not act decisively and quickly.

Already, business owners are giving up the fight for their dreams and are closing down. Their employees are facing up to new shattered realities.

Some European ...