In its communications of 29 January 2025 entitled A Competitiveness compass for the EU and of 11 February 2025 entitled A simpler and faster Europe: Communication on implementation and simplification, the Commission emphasised the need to enhance competitiveness, foster innovation, and support growth across the Union, for which simplification and reducing administrative burden are critical enabling factors. It is, therefore, necessary to address costly regulatory burdens, complexities of Union law and its implementation, including excessive reporting obligations, while paying attention to the specific needs of small and medium entities.
Text as published in the Official Journal, reproduced verbatim (including any typographical quirks of the source). For the authentic version, see EUR-Lex.
