The upcoming week features significant events in the EU Parliament, including debates on trade preparedness and the Competitiveness Compass. The European Parliament is divided over the pro-business agenda of the von der Leyen commission, with concerns from left-wing and environmentalist groups about potential deregulation and its impact on environmental and social standards. The Commission plans to simplify reporting obligations for businesses, raising alarms about possible backsliding on climate and human rights. The EPP is pushing for deregulation, while legal charity ClientEarth warns of legal issues in the reform process. The political climate is tense, with discussions on the collaboration between conservatives and far-right groups.