From ‘pressure’ to ‘pragmatism’: Europe eases laws (with Carlos Costa Pina)

‘Pure pragmatism,’ says Carlos Costa Pina. For the Partner at SRS Legal, it is simply a matter of ‘readjusting objectives, particularly due to competitiveness requirements,’ rather than a strategic review, not least because ‘abandoning a green agenda would be suicidal.’ In this sense, he believes that the recent ‘revisionism’ ‘does not mean a step backwards’, ‘only a slowdown and postponement of objectives’.

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In Costa Pina's view, ‘the Commission went too far in its initial demands’ with legislation such as the reporting and due diligence directives, so it ‘decided to correct its mistake. And that is to be welcomed,’ says the partner at SRS Legal.