Reducing regulatory burdens on SMEs
When a big company spends €1 per employee in connection with regulations, a small business has to spend €10 on average. Excessively complex or burdensome legislation do not reach their target, and result in scare SME resources being spent just applying the rules rather than growing the business and creating jobs. This must be constantly kept in mind by the European Commission, Council and Parliament when developing legislation.
|Minimising regulatory burden for SMEs - Letter from Philippe de Buck to Commission President José Manuel Barroso||21/02/2012|