On Monday 10 February, Thierry Breton, the European Commissioner for the Internal Market, attempted to reassure the left wing of the European Parliament, as they are concerned that the ‘one in, one out’ principle will lead to a weakening of regulations. During a discussion on the status of European SMEs, he gave an assurance that there will be no more deregulation of the internal market or 'slashing' of environmental and social standards.
The principle - which involves withdrawing a...