In an article published today on the Telegraph, the Business Secretary V.Cable, announces measures backed up by the 3rd meeting in April, in Vilnius, of the Like-Minded Group of 15 economic ministers « committed to rolling back excessive regulation emanating from Brussels and to expanding the Single Market. » For a recap of previous meetings of the group, see Enterprise Lithuania article.
« The tide is turning against EU bureaucracy, Britain is no longer a lone voice in the push for deregulation and a flexible labour market. » The ministers’ common purpose is « to close down the red tape factories of Brussels.» The Business Secretary singles out for detailed criticism the Working Time Directive (WTD), which sets a 48-hour limit to the working week. Mr Cable calls it « a heavy-handed, one-size–fits-all approach … adopted, with unintended perverse outcomes. The directive incorporates the idea that is most clearly expressed in the French 35-hour week: that work should be compulsorily restricted and shared out, whether or not it suits the needs of individual workers or firms. »
In in earlier comment, the Lithuanian PM had justified the strengthening of the internal market by the need for the EU to «get ready for intensified competition with China, India, Brazil, and other fast-growing economies»
According to Reuters, a new Enterprise and Regulatory Reform Bill, expected to be unveiled tomorrow, is part of the government's measures «to protect British firms from further EU regulations» and boost the economy, which recently slid into its second recession since the financial crisis.
The group includes the UK, Germany, Sweden, Finland, Poland, Slovenia, Ireland, Romania, Malta, Slovakia, Denmark, Lithuania, Latvia, Estonia, and the Netherlands.
« The tide is turning against EU bureaucracy, Britain is no longer a lone voice in the push for deregulation and a flexible labour market. » The ministers’ common purpose is « to close down the red tape factories of Brussels.» The Business Secretary singles out for detailed criticism the Working Time Directive (WTD), which sets a 48-hour limit to the working week. Mr Cable calls it « a heavy-handed, one-size–fits-all approach … adopted, with unintended perverse outcomes. The directive incorporates the idea that is most clearly expressed in the French 35-hour week: that work should be compulsorily restricted and shared out, whether or not it suits the needs of individual workers or firms. »
In in earlier comment, the Lithuanian PM had justified the strengthening of the internal market by the need for the EU to «get ready for intensified competition with China, India, Brazil, and other fast-growing economies»
According to Reuters, a new Enterprise and Regulatory Reform Bill, expected to be unveiled tomorrow, is part of the government's measures «to protect British firms from further EU regulations» and boost the economy, which recently slid into its second recession since the financial crisis.
The group includes the UK, Germany, Sweden, Finland, Poland, Slovenia, Ireland, Romania, Malta, Slovakia, Denmark, Lithuania, Latvia, Estonia, and the Netherlands.
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