{"id":419855,"date":"2025-02-26T18:49:08","date_gmt":"2025-02-26T17:49:08","guid":{"rendered":"https:\/\/www.eunews.it\/?p=419855"},"modified":"2025-02-26T19:55:02","modified_gmt":"2025-02-26T18:55:02","slug":"eesc-eu-needs-fairer-and-simpler-rules-to-stay-competitive","status":"publish","type":"post","link":"https:\/\/www.eunews.it\/en\/2025\/02\/26\/eesc-eu-needs-fairer-and-simpler-rules-to-stay-competitive\/","title":{"rendered":"EESC: EU needs fairer and simpler rules to stay competitive"},"content":{"rendered":"

Brussels – Expanding across borders in the EU means navigating a maze of conflicting VAT rules and paperwork, driving up costs. Small and medium-sized enterprises (SMEs), in particular, face disproportionate compliance burdens,<\/strong> making it harder to scale up and compete. To cut red tape and boost competitiveness, the EESC calls for urgent reforms in two opinions adopted during its February plenary, building on the Letta and Draghi reports. Proposals include harmonised financial regulations, AI-driven reporting and a coordinated industrial policy.<\/span><\/p>\n

\u2018The single market is the backbone of European economic prosperity, yet it remains incomplete in key sectors such as finance, energy and digital services,\u2019 said EESC president\u00a0Oliver R\u00f6pke<\/b>. \u2018Today\u2019s debate highlights the urgent need for reforms to remove barriers and strengthen the services sector, ensuring a level playing field for businesses across the EU. We must work together to foster innovation, investment and economic resilience while upholding the European Pillar of Social Rights.\u2019<\/b><\/span><\/p>\n

Maria Lu\u00eds Albuquerque<\/span><\/b>, Commissioner for Financial Services and the Savings and Investments Union, agreed with the EESC\u2019s call to action: \u2018My vision for the Savings and Investment Union is to create wealth for our citizens and growth for our companies by bringing them together in a safe, competitive, well-regulated and well-supervised environment. It is time to take action, and everyone has a role to play. The EESC represents all the relevant stakeholders to which the Savings and Investments Union aims to bring value. I count on your support to achieve those goals.\u2019<\/span><\/p>\n

Micha\u0142 Baranowski<\/span><\/b>, Polish Undersecretary of State, Ministry of Economic Development and Technology, echoed this sentiment: \u2018Creating a regulatory framework conducive to EU competitiveness is one of the priorities of the Polish Presidency. We support the Commission\u2019s efforts to simplify EU regulations, shorten procedures, and reduce reporting obligations, particularly for SMEs. It is important to take into account the perspectives and contributions of stakeholders in this process. Here, the Presidency highly values and hopes to leverage the expert knowledge of the Committee and its commitment to dialogue between civil society, social partners, and entrepreneurs.\u2019<\/span><\/p>\n

Representing Matteo Carlo Borsani, rapporteur for the opinion on the Letta and Draghi reports,\u00a0Mira-Maria Danisman\u00a0<\/strong>said: \u2018Our greatest obstacle to our competitiveness is not necessarily external pressures\u2014it is our own over-regulation, protectionism and reluctance to integrate, harmonize and simplify.\u2019<\/span><\/p>\n

\u00a0<\/span>The EESC\u2019s opinions have identified two critical challenges to competitiveness: fragmentation in the single market, highlighted in the Letta and Draghi reports (<\/span>INT\/1070<\/span><\/a>), and excessive bureaucracy that particularly burdens SMEs (<\/span>INT\/1075<\/span><\/a>). Both of these factors stifle innovation and economic growth.<\/span><\/p>\n

What\u2019s the problem?<\/span><\/b><\/p>\n

Businesses across Europe are overwhelmed by complex and overlapping regulations. This wastes time and money, slows down the Green Deal and restricts access to financing for mid-sized companies. It results in frustrated businesses, higher consumer costs and weaker economic growth.<\/span><\/p>\n

\u2018With over 13 000 EU legal acts, SMEs spend more time on paperwork than on growth. Simplifying these rules is crucial to help them succeed,\u2019 explained\u00a0Paul R\u00fcbig<\/b>, rapporteur for the opinion on SME competitiveness.<\/span><\/p>\n

Beyond regulatory burdens, Europe faces deeper structural challenges that undermine its competitiveness. Slow progress in completing the single market, disparities in digital and energy infrastructure and a lack of coordinated industrial policy are limiting the EU\u2019s ability to compete globally. While other economic blocs move swiftly to attract investment and foster innovation, Europe risks falling behind.<\/span><\/p>\n

In many parts of the EU, weak competitiveness and territorial disparities are closely linked, making regional policy essential for economic strength.\u00a0Stefano Palmieri<\/b>, rapporteur for the opinion on the Letta and Draghi reports, highlighted this connection: \u2018EU cohesion policy plays a vital role in strengthening European competitiveness. The rationalisation of the EU regulatory system must safeguard working conditions, consumer safety, economic and territorial cohesion and sustainable growth.\u2019<\/span><\/p>\n

How can it be fixed<\/span><\/b>?<\/b><\/span><\/p>\n

Strengthening competitiveness requires a comprehensive approach, which includes removing barriers in key sectors like finance and energy, accelerating digital transformation and ensuring that SMEs can scale up and compete on a level playing field.<\/span><\/p>\n

The EESC opinions propose:<\/span><\/p>\n