The administrative burden should be reduced Europe-wide

By: trademagazin Date: 2009. 05. 15. 00:06

According to the survey of the European Commission: small and medium-sized enterprises states, that administrative and regulatory burdens are the most serious problem.

Reducing the administrative burdens with 25 percent would be resulted in a 1.5 percent increase of the EU’s GDP, which corresponds to approximately 150 billion euro. According to the results of the survey: at least 10 percent of the one personed businesses would employ new staff if bureaucratic burden would be smaller. According to the European Commission's report, the reduction of administrative burdens related to existing measures can result in a saving of 30 billion –reports FigyelőNet.

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