Is red tape strangling Europe's growth?

Contributing sentiments towards policy:

59% : But the way that EU legislation works presents a challenge.
58% : "Over-regulation places significant additional costs on businesses, proving unsustainable for SMEs and inadvertently favouring non-European companies that are not bound by the same stringent rules," his report, published in April, said.
56% : BusinessEurope, the EU's main industry group, has warned that the amount of secondary legislation alone, stemming from laws announced in the last mandate, represents an "imminent new tsunami" for EU companies.
53% : Executives became so exercised by the lack of attention given to industry in EU policymaking since the Green Deal was announced that more than 1,200 organisations signed a declaration in Antwerp in February calling for an "Industrial Deal" that included a call to "prevent over-reporting, ensure coherence [and] stay tuned with industrial reality".
44% : It might take a "paradigm shift" for EU policymakers to realise "we don't always need legislation", the official says.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.