Italy to cut environmental red tape for companies

Reuters: Italy will this week pass a decree to drastically cut the bureaucratic steps required by companies to assess their environmental impact, saving businesses some 1.2 billion euros ($1.55 billion) a year. According to a government statement, the Ministry for Public Administration will present the decree at a cabinet meeting on Friday. It will enable thousands of small and medium-sized companies to benefit from a simplified assessment of the environmental impact of their business. The decree is......

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