Today, the European Parliament elected Ursula von der Leyen as new President of the European Commission. BusinessEurope President Pierre Gattaz said: "The European business community congratulates Ursula von der Leyen on her election as President of the future European Commission. We look forward to working with her and the future Commissioners to build the innovative and entrepreneurial European society needed to strengthen our economy and shape the emerging new global order according to our common European values. Strong leadership will be needed to create the conditions to have healthy and profitable companies, encourage the development of people’s talents, and pursue competitiveness-friendly policies to preserve our planet." With its congratulation letter BusinessEurope has proposed 50 actions to be taken during the first 100 days in office of the future European Commission to start delivering a Europe with opportunities for all.
"Agreements with key trading partners like Canada, Japan and Mercosur have been concluded and important legislation has been adopted. We congratulate the outgoing Commission for the impressive progress achieved", Director General Markus J. Beyrer said at the BusinessEurope event "A trade strategy fit for the 21st century" on 8 July in Brussels. The aim was to promote a discussion on the achievements under the current trade policy of the EU and the priorities that should be set for the future, under the new European Commission and European Parliament. The EU Commissioner for Trade, Cecilia Malmström, delivered a keynote speech and participated in a panel debate. "The new Commission will have to operate in a complex and challenging environment in global trade. Businesses and other civil society stakeholders have an important task to help identify priorities for an effective EU trade policy and we stand ready to contribute", Beyrer stated. - Photos
“We operate in an increasingly complex and challenging environment both politically and economically, in Europe, and around the world. Together business and governments can deliver solutions to 21st-century challenges such as global trade, climate change, digitalisation and inequalities”. This was the key message conveyed by BusinessEurope President Pierre Gattaz to French President Emmanuel Macron on 3 July. The meeting took place in the context of the B7 summit organised by Medef with the participation of business leaders from all G7 economies. They gathered in Aix-en-Provence for 2 days of discussions on trade, climate change, inequalities and cybersecurity. “The digital transformation is making our lives easier, but an increasing concern is cybersecurity; we need coordinated international action now”, Gattaz said during a dialogue on digital transformation. The participating business organisations issued a joint statement at the end of the B7 summit.
BusinessEurope today called for a new kind of European governance to better coordinate national policies and reforms on employment and social protection through a deeper cooperation between social partners, the European Commission and member states. Presenting the latest strategic paper on the future of the social dimension in Europe, Director General Markus J. Beyrer said: “We can be proud of the European social model. The EU has the highest investment in social protection compared to other parts of the world. But only if our European companies can successfully compete globally, they will be able to carry on creating and sustaining good jobs, inclusive growth and wealth”.
BusinessEurope today published its Spring Economic Outlook 2019. Presenting the report, BusinessEurope Director General Markus J. Beyrer said: "EU finance ministers meeting today must demonstrate their commitment to enhancing the business environment, raising productivity growth and proving to our international partners that the EU has a growth model that can withstand a fall in global trade." According to BusinessEurope’s outlook, the recent downturn highlights the fragility of the EU economy:
- EU economic growth fell considerably in the second half of 2018;
- We expect for 2019 GDP growth of 1.6% in the EU and 1.3% in the euro area, considerably lower than our autumn forecast;
- Following tentative signs of a rebound in growth already in Q1 this year, we expect growth to pick up in 2020 to 1.7% in the EU and 1.5% in the euro area.