European Commission Launches Alliance for the Reduction of Bureaucratic Burden
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The EU simplification agenda could reduce compliance costs for businesses operating in Europe, particularly SMEs. Companies should monitor the legislative progress of the Omnibus proposals and upcoming 2027 simplification proposals in banking, transport and digital sectors, which may affect their compliance strategies…
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- European Commission Press CornerEuropean Commission Launches Alliance for the Reduction of Bureaucratic Burden
European Commissioner Dombrovskis delivered a keynote speech in Brussels launching the Alliance for the Reduction of Bureaucratic Burden. The Commission has tabled twelve major Omnibus simplification proposals with the potential to save at least €17 billion in annual administrative costs for European businesses and national administrations. The Commission targets cutting administrative burdens by at least 25% for all companies and at least 35% for SMEs, with plans to deliver simplification proposals in banking, housing, transport and digital sectors in 2027.