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German Business Groups Urge EU Parliament to Cut Red Tape in November Vote

German business groups unite to demand bureaucracy reduction. They warn that EU Parliament's November vote on the Supply Chain Law could hinder Europe's economic growth.

In this picture I can see train compartments on the track and I can see few lights on the ceiling...
In this picture I can see train compartments on the track and I can see few lights on the ceiling and looks like a warehouse and I can see text on the compartment.

Business Associations Push for EU Bureaucracy Reduction - German Business Groups Urge EU Parliament to Cut Red Tape in November Vote

German business associations, including the Foundation for Family Businesses and Politics, Gesamtmetall, VCI, and BGA, have joined forces to urge the EU Parliament to adopt an ambitious stance in its November plenary session. They insist on easing compliance burdens for businesses, warning that further delays in bureaucracy reduction could harm Europe's economy.

The push comes in response to the EU Parliament's recent vote on the EU Supply Chain Law, which resulted in a collapsed compromise. The groups are now urging the EU to reduce bureaucracy, with the upcoming vote in November potentially leading to stricter or significantly weaker rules. The debate also centers on sustainability reporting requirements. German Chancellor Friedrich Merz has insisted on easing these burdens, stressing the importance of clear action from European policymakers to cut red tape.

The business associations, representing a significant portion of the German industry, have made their stance clear. They expect the EU Parliament to adopt an ambitious approach in November, aiming to reduce bureaucracy and support Europe's economic growth.

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