Streamlining legislation at the Ministry of Economic Affairs and Employment

The Ministry of Economic Affairs and Employment seeks, in its own activities and across central government administration, to streamline legislation and regulations affecting businesses. During the term of Prime Minister Marin’s Government, the Ministry of Economic Affairs and Employment is responsible for the following measures to streamline legislation:

A working group on the streamlining of legislation led by the Ministry of Economic Affairs and Employment aims to streamline legislation affecting companies, reduce unnecessary regulatory burden, and foster innovation-friendly regulation and competitiveness in order to ensure well-functioning markets and healthy competition. The working group will also discuss EU level regulatory streamlining. The working group includes representatives from all ministries.

The Ministry of Economic Affairs and Employment will continue to apply the so-called one-in, one-out principle on a trial basis. Launched in 2017, the key objective of the trial is to curb the growth of the regulatory burden on companies. The Ministry of Economic Affairs and Employment develops tools for assessing the regulatory burden, and supports other ministries in the assessment.

During this government term, the Ministry of Economic Affairs and Employment has implemented the following reforms to streamline legislation:

Establishment of a Datahub for the natural gas market: HE 104/2019

The new Working Time Act will increase flexibility in working life: HE 86/2019

In response to the COVID-19 crisis, temporary provisions facilitating layoff were introduced, and termination of employment during a trial period for financial or production-related reasons was permitted: HE 26/2020

Other projects under preparation at the Ministry of Economic Affairs and Employment include the introduction of a general review that is lighter than an audit, the Trade Register reform and the overall reform of the Act on Co-operation within Undertakings.