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EU: European Commission Launches Simplification Strategy for Single Market

  • On May 21, 2025, the European Commission launched a new Single Market Strategy to simplify rules across the EU and its partners.
  • The strategy responds to calls from the European Council in April 2024 to remove barriers that hinder intra-EU trade and support SME growth.
  • Key measures include creating a 'small-mid caps' category for companies with up to 750 employees to ease compliance and digitalise administrative obligations.
  • The proposal aims to cut 400 million euros in annual costs by eliminating paper-based processes and simplifying rules, though reactions from business groups remain mixed.
  • The strategy intends to enhance competitiveness and growth by removing the 'terrible ten' market barriers and encouraging Member States to strengthen implementation by 2029.
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europeannewsroom.com broke the news in on Wednesday, May 21, 2025.
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