Germany is seeking to exempt thousands of Mittelstand companies from EU green reporting rules, in a move officials say risks “gutting” the bloc’s efforts to hold companies accountable for their impact on the environment.
Berlin wants Brussels to expand the definition of small and medium-sized enterprises, raising the threshold from 250 to 500 employees in order to “restrict the [bureaucratic] burden on them to what is really necessary”, according to a government coalition document adopted at the end of August and seen by the Financial Times.
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