EU appoints Germany's Stoiber as red tape adviser
Reuters
Published Dec 18, 2014 07:37AM ET
EU appoints Germany's Stoiber as red tape adviser
BRUSSELS (Reuters) - European Commission President Jean-Claude Juncker appointed Germany's Edmund Stoiber as special adviser on better regulation on Thursday, to help the EU executive fight over-regulation and red tape.
Stoiber, a former premier of the German state of Bavaria who sought to become German chancellor in 2002, has for the past seven years chaired a group advising the Commission on administrative burdens and on how to make EU law simpler and cheaper.
In October, he proposed exempting small- and medium-sized firms from a wide range of business rules with a "bonfire of red tape" aimed at reversing a public perception of Brussels as a "bureaucratic monster".
"EU citizens need the EU to focus on where it can make a real difference to their lives, not to interfere in every detail. EU businesses need the space to innovate and grow, not get tied up in red tape," Juncker said in a statement
Stoiber will work closely with Juncker's deputy, First Vice-President Frans Timmermans, who is also charged with improving regulation.
(Reporting By Philip Blenkinsop; Editing by Larry King)
Get The News You Want
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.