By Dow Jones Business News, October 21, 2013, 12:55:00 PM EDT
LONDON--U.K. Prime Minister David Cameron discussed his ideas for cutting European Union corporate red tape with
German Chancellor Angela Merkel and French President Francois Hollande ahead of a two-day summit of EU leaders later
this week, his spokesman said Monday.
The prime minister, who has urged European leaders to commit to more concrete measures to cut EU-wide rules and
regulations for companies, held similar discussions on the subject with European Commission President Jose Manuel
Barroso over the weekend and with his Italian and Dutch counterparts on Friday.
Mr. Cameron's efforts to cut EU regulation for businesses are popular among eurosceptic Britons who often complain
they are unnecessary, costly and burdensome. The EU leaders are due to discuss simplifying EU regulation on Thursday as
part of a wider discussion on how to foster growth and boost competitiveness in the bloc.
Mr. Cameron has said the EU must reform if it's to become more competitive and representative. He has said that if he
wins a second term in 2015 he will renegotiate Britain's ties with the EU to bring back control over some domestic
affairs from European institutions and then hold a national referendum on the U.K.'s membership of the bloc under the
new terms by the end of 2017.
The prime minister wrote to other EU leaders last Tuesday urging them to accelerate efforts to cut EU red tape and
drawing their attention to a report he commissioned from six British company bosses --his so-called Business Taskforce--
to produce on the impact of EU regulation on businesses.
After consulting more than 100 firms and business organisations across the EU the group generated more than 250 ideas
for reforms to tackle what they identified as barriers for competitiveness, starting and expanding a business, trading
across borders and innovation.
It recommendations included scrapping EU-wide requirements for small firms to keep written health a safety risk
assessments, a move that would save an estimated 2.7 billion euros across the EU. It also suggested abandoning plans on
paperwork for small firms to collect and transport waste, and accelerating efforts to se a maximum cap on fees for
cards, internet, and mobile payments.
Write to Nicholas Winning at firstname.lastname@example.org
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