Brussels, 10/10/2006 (Agence Europe) - In an interview to the Financial Times Deutschland on Tuesday, the Commissioner for Industry and Enterprise, Günter Verhuegen, explained that European companies face bureaucratic costs of €600 billion a year. He believes that it would be possible to reduce this amount by at least 25%. Verheugen has been examining the results of recent studies, based on a new methodology for assessing administrative costs in Community legislation on enterprises, which...