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CSRD and CSDDD Officially Delayed, With Huge Majority of MEPs in Support

  • The European Commission's proposed 'stop the clock' measure allows an additional year for governments to implement due diligence rules, now due by July 2027, according to President Ursula von der Leyen.
  • Pascal Canfin stated that without the delay, firms would be 'in the dark' about reporting requirements next year.
  • Concerns were raised regarding the U.S. President's 20% punitive tariff on EU goods, which exceeds other high trade tariffs, remarked a senior trade official.
  • The Greens, including Terry Reintke, expressed concern over potential weakening of regulations, supporting the four-party agreement that aims to limit further deregulation.
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  • 67% of the sources lean Left
67% Left
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EU Observer broke the news in Brussel, Belgium on Wednesday, April 2, 2025.
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