The majority of economically relevant laws are now created in Brussels. Therefore, the Federal Government must advocate for economically reasonable rules with moderation at the European level and work to reduce bureaucracy. At the same time, it is responsible for lean and practical implementation of EU regulations in Germany. Many existing EU laws, such as the General Data Protection Regulation, posted workers regulations, and chemical regulations, have been designed and implemented in a disproportionately bureaucratic way. New regulations, such as sustainability reporting, the EU supply chain law, and industrial policy initiatives, create new reporting and disclosure obligations, directly contradicting the stated aim of reducing reporting obligations.

Relevant in topic:

Wirtschafts- und Finanzpolitik

Key areas:

• Bürokratie