EU BACKS FURTHER RED TAPE BONFIRE
February 1st, 2007
BY KEITH NUTHALLEUROPEAN Union (EU) ministers have backed a European Commission plan to reduce by 25% the administrative costs suffered by businesses through burdensome EU legislation. In a debate ahead of the March 8-9 EU summit which should rubber-stamp the initiative, an EU Council of Ministers for competitiveness accepted a 2012 deadline for scrapping red tape. This will involve, said a Council note, assessing from May until November 2008 EU laws, to identify reports, applications, and other demands that can be scrapped without undermining valuable ...
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