Better regulation

The EU must improve its competitiveness to hold its own against both developed and emerging economic blocs around the world. Taking a smart approach to regulation will enhance growth and investment. The EU should avoid legislative proposals with a disproportionate impact on competitiveness that add no real value to the single market and growth. This requires a sharp focus on smart regulation. Boosting competitiveness and developing the single market through the use of smart regulation tools to cut red tape and devise proportionate legislation should be a mindset of decision-makers. It should remain a priority for the Commission and European Parliament.

For BusinessEurope:

+ Three key recommendations: focus on competitiveness and growth; reduce burdens, avoid gold-plating
+ Three key principles: proportionality, openness, transparency
+ Three key tools: impact assessments, consultation, evaluation and targets