Telefónica, Santander and Repsol step up their lobbying activity in the EU
The European Commission's plan to simplify regulation has increased companies' interest in influencing Brussels.
Spanish companies listed on the Ibex 35 have significantly increased their lobbying efforts in Brussels, with a total of 652 meetings with European Commission officials and MEPs in just 20 months. This represents a five-fold increase compared to the previous legislative term. Companies such as Telefónica, Santander, and Repsol are leading this effort, with 105, 83, and 65 high-level meetings, respectively.
The goal is to influence the European Commission's agenda to simplify regulations and boost competitiveness. The increased lobbying activity comes as the Commission, led by Ursula von der Leyen, aims to reduce administrative burdens by 25% for the entire economy and 35% for SMEs by 2029.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
