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09 January 2014

Greek EU presidency vows to pursue smart regulation

Greece has taken over on 1 January the rotating presidency of the EU for six months. Its programme of action for this term covers all aspects of EU policies, and includes a short paragraph, page 37, concerning the immediate future of Smart Regulation, in the section devoted to competitiveness.
"The creation of the right regulatory framework and the reduction of administrative burden is particularly important in times of economic challenges. The overall regulatory burden, in particular for SMEs, should be reduced at both European and national levels. In this context the Presidency will seek to ensure that the implementation of Smart Regulation initiatives creates a favorable environment for the enterprises, in particular SMEs, by enhancing competitiveness and reducing compliance costs. Based on the experience gained when implementing the initial burden reduction program of 25% arising from European legislation, a new round of burden reduction will be pursued for all stakeholders both at European and national levels. " We welcome any indication from experts as to this "new round of burden reductions".

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