| Author (Corporate) | European Commission |
|---|---|
| Series Title | COM |
| Series Details | (2017) 114 final (6.3.17) |
| Publication Date | 06/03/2017 |
| Content Type | Policy-making |
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The need for statistical information on businesses for policy-making and other purposes is growing. The European Statistical System (ESS) is expected to provide high-quality statistical data in this area, in a timely way and with comparability across the Member States. The disseminated ESS business statistics should be the basis for decisions about the market economy based on knowledge and innovation, for improving access to the single market for small and medium enterprises, and for stimulating entrepreneurship and competitiveness. The draft Regulation on European business statistics, amending Regulation (EC) No 184/2005 and repealing 10 legal acts in the field of business statistics (FRIBS) is part of the REFIT Programme, the European Commission's regulatory fitness and performance programme for making EU law simpler and reducing unnecessary regulatory costs, which has identified business statistics as one of its priority areas. The draft Regulation envisages the integration of statistical requirements and legal acts for business statistics by streamlining and simplifying them and reducing the burden on businesses. The current system for producing European business statistics is fragmented into separate domain-specific regulations. This leads to inconsistencies in the data collected and inefficiencies in their production. FRIBS will provide a common legal framework for the production and compilation of ESS business statistics. It is expected to deliver: better quality ESS business registers, common definitions to be used in all the statistical domains it covers, the exchange of identifiable micro-data and an integrated data structure. This should lead to a rationalisation of national statistical production processes, better use of existing data sources, and a reduction of the statistical burden on respondents when ESS business statistics are compiled. In addition, FRIBS will create harmonised data structures and common data quality standards which will make it possible to link different business statistics, making the information collected even more valuable. |
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| Source Link | Link to Main Source http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=COM:2017:114:FIN |
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| Subject Categories | Culture, Education and Research |
| Countries / Regions | Europe |
