Bureaucracy burdens companies: Micoli demands economic jerk in Europe!

Bureaucracy burdens companies: Micoli demands economic jerk in Europe!

In recent years, the discussion about bureaucracy and its influence on the economy have taken on speed. Vito Micoli in particular, founding member and managing director of FI Investment, is strong for deregulation in Europe, comparable to developments in the USA under Donald Trump. According to Kabinett online emphasizes that less bureaucracy and company-friendly laws in the USA promote innovation and economical dynamics. In comparison, he sees Europe disabled by extensive regulations, which has a negative impact on the flow of capital and ideas.

micoli has sharp criticism of the EU and the high bureaucratic effort that affects companies. Regulations such as the disclosure of climate protection progress are viewed as a stomach for companies. He demands an economic jerk in Europe to increase innovative strength. Micoli warns that Germany could lose connection if there are no reforms of bureaucratic structures. The establishment of a company in Germany currently requires up to two months, which is considered out of date for him.

plans by the EU Commission on Bureaucratic Design

Deutschlandfunk , a design of a strategy paper will be presented in the coming week. The first advance affects the areas of finance and diligence, which includes the European supply chain law, which blames large companies for human rights violations in their supply chains.

The Commission aims to reduce bureaucracy and promote investments in future technologies such as artificial intelligence and climate -friendly technologies. In addition, measures to reduce energy prices and the goal of becoming climate -neutral by 2050 are part of the comprehensive strategy of the European Union.

Austria in the over -regulation dilemma

Similar challenges as in Germany can also be seen in Austria. Here experts report on an increase in bureaucracy through EU regulations and national laws. The competitiveness of Austrian companies suffers from this over -regulation, which has a negative impact on economic growth. This is discussed in a article in the press , in which experts like Andreas Klauser von Palfinger AG indicate the dangers of incomprehensible regulations.

Klauser emphasizes that the positive error culture that prevails in the United States is often missing in Austria. It is also required that laws are written in an understandable language and that practical experiences flow into the legislative process. Thomas Steinbauer from PWC Austria criticizes federalism and advocates a reform of the existing structures to counter over -regulation.

Overall, it can be seen that the pressure on deregulation is increasingly perceived in both the USA and in Europe and especially in Austria. The need for rethinking opportunities for opportunities and innovation are required by many sides in order not to behind global competition.