Memo: New European Commission proposals for fast track administrative burden reductions

Simplifying the statistical reporting duties of Small- and Medium- Sized Enterprises (SMEs), reducing paperwork for micro enterprises or facilitating the market introduction of new radio and telecommunication equipment. These are some examples of new possible Fast Track Actions (FTA) to reduce quickly administrative burdens. . These possible actions will be presented by the Commission to the European Council in March 2008. The ambitious Action Programme in the EU to cut administrative burdens by 25% in 2012 was presented by the Commission in January 2007 including ten Fast Track Actions to produce concrete results in the short term. Five of them have already been adopted and the rest are awaiting adoption in the coming months. 500 million EUR is the estimated savings for companies achieved under the first five proposals adopted in 2007 (see MEMO/08/63).