The Commission also announced today the intention to publish a scoreboard to track progress at European and national level in this regard. This exercise is at the heart of the Commission's Regulatory Fitness and Performance Programme (REFIT).
Whereas regulation at EU level is essential in many areas, it is often accused of stifling businesses, especially the smallest ones, or of interfering too much in citizens' daily lives.
74% of Europeans believe that the EU generates too much red tape (EB79). In response to that concern, the Commission has made a concerted effort over the past few years to streamline legislation and reduce regulatory burdens.
In his 2013 State of the Union address on 11 September, President Barroso stressed the importance of smart regulation and declared that the European Union needs to be "big on big things and smaller on small things".