The Business Europe, an industry and employers’ EU lobbying organization, demands that the EU must significantly reduce business regulation in order to keep Europe competitive.
According to Business Europe, the current EU regulatory burden is one of the key reasons why Europe is not wanted to invest.
According to the lobbying organization, the EU is not sufficient to reduce the current reporting obligations of companies, but regulation must be reduced and simplified.
Business Europe proposes a total of 68 regulations. The proposals apply to eleven sectors, such as taxation, energy and climate and digital issues.
A European organization and employers’ organization emphasizes that it is worthwhile to listen to grassroots actors in cutting regulation and make a clear, scheduled program to make it possible to reduce the regulatory burden.
The company’s demands to reduce the EU regulation are supported by the EU Member States. The Commission has already taken action.
On February 26, the Omnibus Package is expected from the EU Commission, which looks at simplifying EU legislation in many different sectors, focusing on facilitating business activities.
Commissioner responsible for the matter, Valdis Dombrovskislast week that the upcoming Omnibus proposal will focus in particular on corporate sustainability reporting: the Sustainability Reporting Directive (CSRD), CSDDD (CSDD) CSDDD. According to the sources, the re -evaluation of the so -called carbon border mechanism may also be a case.
Facts
11 sectors for which the regulatory burden is required to lighten up
Energy and climate
Circular economy
Consumer policy
Sustainable financing and company law
Taxation
Financial reporting
International value chains and trade
Digital economy
Employment and social policy
Food law
Financial services
Source: Business Europe