Source: European Commission (video statements)
The European Commission is taking bold steps to cut unnecessary bureaucracy and streamline EU rules, making Europe more competitive and prosperous. With a target to reduce administrative costs by 25% (€37.5 billion annually), the new Simpler and Faster Europe initiative focuses on:
Cutting red tape for businesses, with special support for SMEs
Stress-testing EU legislation to remove outdated or burdensome rules
Smarter digital solutions, including a “digital by default” approach
Stronger collaboration with stakeholders for real-world impact
More efficient implementation and enforcement of EU laws