Simplification measures proposed to save EU bizs further €400 mn a yr

The European Commission has proposed to cut $452 million in annual administrative cost for firms, adding to the $9.03 billion targeted through earlier simplification efforts.
With a new category small-mid caps (SMCs), the steps will ease compliance obligations and thus free resources for growth and investment.
Nearly 38,000 EU SMCs will access for the first time certain existing SME benefits.Read More