Reducing bureaucracy to enhance Europe’s competitiveness
On Monday, MEPs will review the Commission’s recent proposals to cut red tape and simplify legislation for EU businesses and citizens.
Last week, as part of the Commission’s strategy to improve EU competitiveness, it proposed the first two Omnibus packages of simplification measures. These build on the recommendations outlined in the Draghi report, and are intended to create jobs, improve the business environment, and increase investment.
The Commission is proposing to cut red tape for all EU businesses, particularly reducing the bureaucratic burden on small and medium-sized companies. The focus of compliance with EU rules will shift to Europe’s largest companies – those more likely to have a disproportionate impact on the climate and environment – while all businesses will continue to be able to access sustainable finance for their clean transition. Areas covered under these Omnibus proposals include sustainability reporting, due diligence rules, the carbon border adjustment mechanism (CBAM), and InvestEU.
Debates: Monday, 10 March
Procedure: Commission statement, no resolution