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EU Needs a ‘Big Bang’ on Regulation, Says Top Official

Summary by luxtimes.lu
European Council president António Costa blames national capitals for inertia that has left economy trailing China
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President of the European Council defends the implementation of cross-cutting reforms across the single market to reduce red tape. An example would be the introduction of a principle according to which companies would only need to provide data to an authority in Europe once, instead of doing so in each Member State where they operate, he suggests

·Portugal
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Antonio Costa, the president of the European Council, blames national governments for the inertia that is keeping the continent's economy lagging behind China.

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vz.lt broke the news in on Thursday, February 12, 2026.
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