Though engaged in reducing administrative burdens since 2008, along with the other EU members, the Irish government has just launched a new cross-government initiative, targeted specially at small firms, with the objective of saving the Irish economy €500m.
At a meeting last week, a newly created high-level group comprising representatives of Government, business and trade unions was informed that burdens had already been reduced by 22%. A further phase was underway to save the economy an additional 25% by the end of 2012.
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