BERLIN, Feb 17 — France and Germany have urged the European Commission to bring forward an ambitious “financial services simplification package” to make EU rules easier to navigate and less burdensome for firms, according to a letter seen by Reuters today.

In the letter to Financial Services Commissioner Maria Luis Albuquerque dated Friday, German Finance Minister Lars Klingbeil and his French counterpart Roland Lescure identify several areas in which a simplification of EU Financial Services legislation is possible, while ensuring financial ⁠stability.