The Spanish legislative framework is characterized by its high density and complexity, which forces companies to deal with a high, and often dispersed, level of regulation that causes distortions in the market and poses numerous administrative burdens. This situation has a direct impact on our capacity for economic growth, since it erodes the competitiveness of our companies: they are forced to allocate significant resources and efforts to comply with existing regulations, sometimes unjustified or disproportionate, and are unable to fully focus on their added-value generating activity, the one that creates wealth and employment.

With the aim of illustrating, one more year, this huge amount of regulation that is so detrimental to our competitiveness, this report collects data on the number of regulations approved at the national, regional and European levels, as well as the figures relating to the number of pages published in the different official gazettes. These statistics allow us to highlight the dedication and effort needed for entrepreneurs to keep on top of all the current legislation.

Initiatives such as the Annual Regulatory Plan, adopted for the first time this year and discussed under a section within this report, are headed in the right direction. The Plan establishes a schedule for the enactment of new regulations, thus improving predictability for the affected stakeholders, reducing “regulatory improvisation” and contributing to the rationality, transparency and coherence of regulatory projects. However, and since it’s a new tool, throughout the year it will be necessary to monitor whether it is complied with by comparing the number of regulatory actually passed with the number originally planned, in order to assess its accuracy.

Apart from this and in general, the regulatory agenda should be focused on improving the efficiency and stability of the legislative framework, reducing its complexity, limiting the production of regulations, and guaranteeing a certain stability of the legal system. Similarly, only a small number of regulations should be enacted, and they should be clear and simple in order to avoid further interpretations; in addition, European regulations should be transposed without introducing additional administrative requirements or burdens, and the Public Administrations should adopt a system of legislative coordination among them.

If Spain wants to become a competitive pole within the globalized economy, it must have a simplified, modern and stable legislation and an Administration that serves the needs of businesses and citizens.

To download the pdf of the Report – click here

Source: CEOE
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