Simplification promised, simplification delivered.
🎯 Our target: -25% admin burden for all companies and at least -35% for small businesses, by the end of this Commission’s mandate.
We estimate this first package will save €6 billion+ in admin costs and mobilise €50 billion in investment capacity for our priorities, thanks to ↓
🔹 Simpler due diligence to support responsible business practices
🔹 More accessible and efficient sustainability reporting
🔹 Fairer trade thanks to a simpler carbon border adjustment mechanism
🔹 Optimised use of EU investment programmes
We’re bringing our economic and sustainability goals together. Staying on course for our objectives—and improving the way to reach them.
Now it’s over to the EU lawmakers to adopt these changes, while we work on the next simplification wave.
@rafal_s @EUCommission Considering recent statements coming from the US, perhaps power plants are not the only nuclear thing we should build?