Everyday, the European Union pumps out regulations imposing costs on firms, discouraging employment creation, and generally making life unbearably difficult for the continent's small and medium sized enterprises.
During the last few days, the EU passed legislation on the following five issues:
- A regulation approving the active substance bifenthrin, concerning the placing of plant protection products on the market.
- New correction coefficients applicable to the remuneration and pensions of officials and other servants of the European Union.
- Certain detailed rules for the implementation of protected designations of origin and geographical indications, traditional terms, labeling and presentation of certain wine sector products.
- Regulations establishing the standard import values for determining the entry price of certain fruit and vegetables
- Regulations for fixing the import duties in the cereals sector applicable from 1 July 2012.
There is nothing remarkable about this list of foolishness. The Commission produces legislation every day; regulating, fixing, and formulating new rules that slowly strangle the entrepreneurial spirit of the continent.