BusinessEurope launches its “Omnibook” of proposals for reducing regulatory burden for companies in Europe

Today, BusinessEurope has published "The BusinessEurope Omnibook to reduce regulatory burdens", offering almost 140 concrete solutions to the most pressing regulatory burdens across 10 policy areas. Regulatory burden continues to weigh heavily on European businesses; we know from surveys with our members that they have identified this as the primary challenge to EU investment, followed by high energy prices and skilled labour shortages. Commenting on the publication, BusinessEurope Director General Markus J. Beyrer said:

"After a year of EU Omnibus proposals for regulatory simplification, BusinessEurope acknowledges the European Commission's unprecedented effort to launch a comprehensive burden-reduction agenda.

While first steps in the right direction are welcome, much more needs to be done to provide the European economy with the simplification boost it needs and to come anywhere close to the promised reduction of regulatory burden by at least 25% for all companies and 35% for SMEs.

Today, we are presenting a consolidated reference document bringing together all our proposals to directly support and strengthen these simplification efforts. While some of our recommendations have already been taken on board, the results so far do not yet match the scale and urgency of the challenge.

Of the nearly 140 suggestions, 60% go well beyond reporting and administrative requirements, while a further 25% concern persistent Single Market barriers.

This Omnibook shall be a compass for the continued efforts to reduce regulatory burden."

Read the full "BusinessEurope Omnibook to reduce regulatory burdens", covering topics such as energy, climate, digital, taxation and employment.