Brussels Attempts Deregulation — Joseph Sternberg — Sternberg describes the European Union's complex multi-institutional governance structure and recent tentative moves toward deregulation, particularly regarding climate reporting requirements and digital technology regulations. Sternberg argues that Brussels officials are gradually acknowledging that excessive regulatory frameworks systematically damage economic competitiveness and drive entrepreneurs from European jurisdictions toward more favorable regulatory environments. Sternberg emphasizes that these modest deregulatory reforms confront a race against accelerating economic decline, requiring more aggressive structural reforms to restore European competitiveness relative to American and Chinese competitors.
1906 BRUSSELS