Key facts
- Germany, Italy, and Belgium have requested an 'emergency brake' power to stop new EU laws.
- The leaders stated the EU needs this mechanism to boost economic competitiveness.
- They called for accelerated planning and approval procedures and suspension of certain regulatory areas.
- The proposal aims to prevent unnecessary regulatory burdens and costs from harming European industrial capacity.
- The letter was addressed to European Council President António Costa.
Leaders from Germany, Italy, and Belgium have formally requested the European Union to implement an "emergency brake" mechanism, allowing member states to halt new legislation perceived as overly burdensome to governments and businesses. The proposal, detailed in a letter to European Council President António Costa, aims to enhance the bloc's flagging economic competitiveness.