🇦🇷 Argentina shows how it’s done: Real deregulation | 🇪🇺 Question to Europe: Why can’t we do the same?
Today’s post is a bit of a wake-up call – and only coincidentally connected to the recent resignation of Wirtschaftskammer Ă–sterreich President as Oesterreichische Nationalbank Governor. But take a moment to let this sink in:Â
In an effort to revive its economy, Ministerio de DesregulaciĂłn y TransformaciĂłn del Estado (Argentina’s Ministry for Deregulation and State Transformation) has, within just a few months, eliminated over 430 regulations and revised or abolished more than 1,300 rules.Â
Here are a few concrete examples:Â
âś…Â Abolishing hundreds of unnecessary business licensing requirementsÂ
âś…Â Simplifying import procedures and accelerating customs clearanceÂ
âś…Â Removing outdated labor, trade, and tax regulationsÂ
âś…Â Digitally streamlining numerous registration and administrative processesÂ
âś…Â Eliminating reporting obligations that add no safety or control valueÂ
âś…Â Modernizing public procurement for greater transparency and efficiencyÂ
🇪🇺 And here in Europe? We’re currently debating the European Commission’s 2026 Work Programme, titled “Europe’s Moment of Independence.” And once again, the topic of “cutting red tape” is on the agenda.Â
What frustrates me most is this: we’ve been discussing deregulation for years, yet instead of progress, we remain trapped in complex structures, political caution, and institutional inertia.Â
Over the past 30 years, Brussels has launched a new “deregulation” initiative roughly every two years - from Jacques Santer’s SLIM Initiative, to Romano Prodi’s Better Regulation Action Plan, José Manuel Barroso’s Administrative Burden Reduction Programme, Jean-Claude Juncker’s REFIT Initiative, and Ursula von der Leyen’s Fit-for-Future Platform… just to name a few in European Parliament and Council of the European Union.
And what has come of all this? Nothing. ❌
So, a question to Radio Yerevan: if a country like Argentina - in full crisis mode - can manage to slash hundreds of rules and digitize key processes, how deep does Europe need to fall into crisis before we can do the same?
It’s high time that “European deregulation” became more than just a policy-maker employment programme. It’s time for bold and decisive cuts.Â
💬 What do you think?Â