The world is changing rapidly and profoundly as global alliances shift and populism rises. What we are witnessing is not just another era of change but a change of era. Business wants to be part of the solution and ensure that Europe can shape this new era according to its values. The European business community today presented its Ambition for the European Union in 2030. In this paper we set out what is needed to create the right conditions to enhance competitiveness and enable business to play its role in society. BusinessEurope President Pierre Gattaz said: "In view of the European elections, the business community has a strong responsibility to speak up, explain why the European Union is so important for people’s future and to say what needs to be done to ensure that things are going in the right direction. Companies are the backbone of Europe’s economic stability and people’s prosperity. Let’s together build an EU we can be proud of." - Read more
BusinessEurope hosted a conference on Better Regulation bringing together high-level speakers and guests from EU institutions, the Organisation for Economic Co-operation and Development (OECD), national administrations and the business community on 4 December in Brussels. BusinessEurope Director General Markus J. Beyrer, who opened the event, stressed the importance of better regulation for both businesses and citizens, linking it to the legitimacy of the EU Single Market governance. European Commission First Vice President Frans Timmermans then held an introductory speech. “We’ve come a long way, but we have not yet reached the point of no return”, he said. Timmermans emphasised that better regulation is the culture change in decision-making and more work is needed to ensure that it is a lasting one. The First Vice-President also stressed that continuation of the better regulation agenda under the next Commission is key for achieving this. Read more
Read our latest positions on Better Regulation here - Photos
On 27 November, President Pierre Gattaz, Director General Markus J. Beyrer, three Vice-Presidents of BusinessEurope and 20 CEOs of its Advisory and Support Group gathered in Brussels and met EU leaders. The group exchanged views with Vice-President Jyrki Katainen, Commissioner Pierre Moscovici, Commissioner Günther Oettinger and Commissioner Cecilia Malmström on a wide range of issues, including EMU, current trade issues, the MFF and the Future of Europe.
We must avoid a chaotic Brexit
Today, at the meeting of BusinessEurope’s Council of Presidents in Vienna, BusinessEurope and its member federations urged the EU27 and the UK to adopt the proposed withdrawal agreement, including a status quo like transition period, with the UK temporarily staying in the Customs Union and the Single Market. Companies need certainty and a level playing field to mitigate the impact of Brexit on trade and investment. Ending up in a no deal situation will damage the economies in the UK as well as in the EU and is simply not an option. The whole European business community urges all parties to do everything possible to avoid a chaotic Brexit.
Reacting to the Commission communication on "the Single Market in a Changing World" published today, BusinessEurope President Pierre Gattaz said: "Every day, Europeans benefit from the free movement of people, capital, goods, services within Europe. Millions of citizens cross borders for their work, companies sell goods across the EU, provide services and consumers have a better choice at better prices. I hope people will see more and more that their work places exist because their companies can easily trade within the EU. New barriers would not benefit any European. [...] The EU’s economic power is generated from more effective distribution of resources, fair competition and scale. A fully functioning Single Market would bring more and better paid jobs for Europeans and faster economic and social convergence. All of it is urgently needed. That’s why I call on leaders on EU, national and local levels to defend the EU Single Market as our true home market." Read more
The danger of escalating trade conflicts is a key risk for the economic grow. It could reduce global GDP by almost 1% in 2020. At the same time, digitalisation is rapidly increasing and the demand for digitally skilled workers is not met. These are key concerns reported by BusinessEurope member federations in the Economic Outlook Autumn 2018, published today. “We need more skilled labour to avoid harm to the EU economy. We also see that with digitalisation, more jobs will be added than lost”, Director General Markus J. Beyrer said at today’s Macroeconomic Dialogue meeting, referring to the Outlook. The analysis shows that we can expect EU growth of 2.2% for 2018 and 2% for 2019. “We need wide-ranging reforms in product and labour markets in order to raise the EU’s underlying capacity to grow”, Beyrer added. Watch the video message or download the report.
On 5 November, the European Parliament will vote on its interim report on the multiannual financial framework (MFF), also the Council must speed-up its work. Director General Markus J. Beyrer said: “All parties must work towards reaching a political agreement on MFF post-2020 before the European Parliament’s elections in May 2019. Failing to agree on the proposal by then can bring important consequences – a late agreement points to serious delays in the start of programmes in 2021, and a lost year of investment from the EU budget. Unfortunately, we have already faced this situation in the past. In the moment when all EU’s major competitors are putting forward aggressive strategies in terms of investment, we cannot risk delays in powerful investment incentives from the EU. All relevant decision-makers must understand the risks at stake during the negotiations.”