EU Commission proposes relief for companies-a step for medium-sized companies!

EU Commission proposes relief for companies-a step for medium-sized companies!

Laimgrubengasse 10, 1060 Wien, Österreich - The European Commission today presented a pioneering action plan to reduce bureaucratic burdens for companies. The trade association welcomes this initiative, which are primarily aimed at simplifying sustainability reporting, and calls for a quick implementation. Managing Director Rainer wants to explain that the current measures are an answer to excessive bureaucratization, which in particular burdens the middle class. The reporting obligation for the CSRD, the taxonomy regulation and the supply chain guideline should be significantly simplified. With the increase in the threshold values ​​for the reporting obligations to companies with more than 1,000 employees, relief for smaller companies, such as "https://www.ots.at/presseausendung/ots_20250226_ots0137/eu-Aktzplan-buerozplan-buerocracy- Handelsverband-frage-- reported.

In addition, the EU Commission appears with the "compass for competitiveness", which is intended to help Europe to restore itself as a location of the innovation. President Ursula von der Leyen emphasizes that the compass is a timetable based on the recommendations of the Draghi report. Europe must overcome its weaknesses and remain competitive by promoting innovative start-ups and creating healthy framework conditions for new technologies. In particular, the focus is on improving approval processes for energy -intensive industries and the promotion of clean technologies, such as germany.representation.ec.europa.eu reported.

urgent need for action

With high energy prices as one of the greatest challenges, the compass aims to ensure cheaper access to clean energy. The EU Commission proposes tailor-made action plans for energy-intensive sectors to ensure the competitiveness of European industry. While extensive financial resources are mobilized as part of a Clean Industrial Deals, the trade association fears that the trade is neglected, since no funds are granted. It is therefore required that the proposals will be implemented quickly in order to give the companies the necessary planning security and reduce the bureaucratic effort. According to the trade association, the bureaucratic jungle in Austria costs around 15 billion euros annually and inhibits the competitiveness of the Europe location, as Rainer wants to finally emphasize.