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flag EU leaders push for regulatory changes to cut bureaucracy and boost competitiveness.

flag Nineteen EU leaders, including Germany’s Friedrich Merz, France’s Emmanuel Macron, and Italy’s Giorgia Meloni, have signed a letter calling for a "regulatory reset" in Brussels, demanding the removal of what they describe as excessive or unbalanced rules. flag The push, focused on easing reporting burdens and loosening restrictions on subsidies and mergers, aims to boost competitiveness and support climate and industrial projects. flag While framed as a move to reduce bureaucracy, critics see it as a strategic effort to accelerate funding for EU priorities despite ongoing concerns about centralization and economic stagnation. flag The initiative aligns with broader proposals like the Draghi Plan, but analysts warn that top-down planning may deepen existing challenges.

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