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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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The trade conflict with the US poses challenges for Europe. The EU Commission presents proposals to improve the internal market. However, despite the need for change, the measures are still below expectations.

·Munich, Germany
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europeannewsroom.com broke the news in on Wednesday, May 21, 2025.
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