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Businesses toasting EU simplification drive could see lawmakers crash the party

By Oscar Pandiello and Jean Comte ( February 26, 2025, 16:23 GMT | Comment) -- The European Commission unveiled today its first “omnibus” legislative text aimed at cutting administrative costs for companies. But the proposal might face difficulties during the scrutiny process as member states and lawmakers are divided on the issue, especially over the corporate sustainability due-diligence directive on which they had a sensitive negotiation barely a year ago. The structure of the regulation, including a “fast-track” proposal and a less urgent one, might also complicate things.The European Commission unveiled today its much-awaited “omnibus” package, aimed at showing the EU's commitment to its objective of competitiveness, by significantly cutting red tape and making life easier for companies. ...

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