In a statement released this week following the annual UK/Italy summit, held in London, Prime Ministers Tony Blair and Silvio Berlusconi stressed the need for a reduction of the red tape which constrains European businesses, and for a simplification of EU legislation.
Revealing that they would make an effort to coordinate proposals for EU legislation to be presented to the European Commission as part of the Union's regulatory reform agenda, the two leaders announced that:
"New legislation and proposed significant amendments should be subject to a full impact assessment, including competitiveness testing and extensive early consultation with stakeholders."
The joint communique went on to add that:
"Efforts to streamline existing European legislation and rescind redundant regulations should be stepped up, with clear priority areas identified for simplification and better business input into the process."
.Tags: Italy | Italy
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