Latest news

26/11/2021

Today, the Presidents of BusinessEurope’s 40 member federations urged the future French Presidency of the Council of the European Union to combat the complexity of EU legislative proposals that is hampering the development of the millions of small, medium-sized and large European enterprises they represent. They defined seven issues of crucial importance for the European companies. BusinessEurope President Pierre Gattaz said: "There are growing concerns in the business community about legislative proposals that put European companies at a disadvantage when competing on global markets. Enterprises cannot cope with this never-ending accumulation of constraints and administrative requirements. BusinessEurope urges the French Presidency to focus on restoring Europe's economy and combating legislative complexity. To reconcile climate ambitions with industrial competitiveness, the European legal framework must facilitate innovation and minimise transition costs." - Read more

24/11/2021

Today, BusinessEurope published its key priorities ahead of the 12th World Trade Organisation Ministerial Conference which takes place from 30 November to 3 December in Geneva. "This is crunch time for the WTO", Markus J. Beyrer said, "as we all expect to see a stronger and more effective organisation after the MC12, one that is able to develop and implement modern trade rules that respond to the needs of our societies. This requires commitment from all WTO members to deliver tangible results and make the necessary compromises to safeguard the future of the organisation. A well-functioning WTO is essential for European business, as the WTO is the basis for our relationship with our two major trading partners, China and the USA. We expect the WTO members will agree on a roadmap to update the WTO rulebook, including on industrial subsidies, sustainability, but also on digital economy. We also need a functioning dispute settlement system. - Read more or watch the message by Markus J. Beyrer

18/11/2021

BusinessEurope today published essential positions on the European Commission's 'Fit for 55' package to significantly deepen and broaden the decarbonisation of Europe's economy to achieve climate neutrality by 2050. The paper gives detailed answers on how the transition to a climate-neutral economy by mid-century can be achieved while keeping climate ambition hand in hand with industrial competitiveness. The package, President Pierre Gattaz said, will fundamentally alter the functioning of our economies. "We need swift and momentous action to meet the ambitious 2030 targets. The package entails bold steps to strengthen the ETS, to introduce a first-of-its-kind carbon border adjustment and to seek to profoundly change the market through sectoral legislations for mobility, aviation and shipping. EU business is committed", he commented, "but to make this transition economically successful, as well as socially and politically acceptable, we also need several key policy adjustments." - Read more

12/11/2021

The global climate conference in Glasgow ended without sufficiently ambitious announcements for Nationally Determined Contributions by the EU’s largest trading partners. "What we saw", Markus J. Beyrer said, "is a lack of national pledges by the EU’s largest trading partners. While we see some progress on long-term ambitions, we’re concerned by the lack of their 2030 targets, which would have made the international ambition level more comparable to that of the EU. The EU will have to maintain a strong carbon leakage regime in the face of a persistent ambition gap. Negotiations on 2030 goals are to be continued next year at ministerial level and we hope for more commitment there.  A positive result is that we finally have a framework on cooperative approaches under Art. 6. Now this framework needs to be rapidly put on track by all parties to allow countries and the private sector to invest in emission reductions wherever they can be achieved the easiest. The business community will be a key partner in the implementation of the agreement." - Read more

08/11/2021

Following the publication of BusinessEurope's Autumn 2021 Economic Outlook, Director General Markus J. Beyrer commented: "The EU economy is undergoing a strong recovery which gives ground for optimism for Europe's businesses after a long period of almost unparalleled hardship. But Europe's exports and production are increasingly suppressed by growing strains and bottlenecks in global supply chains. Energy prices have also surged. These factors push up input prices for companies and cause production to come to a halt due to lack of necessary materials, threatening to blunt the upturn. There is a clear risk that even short-term price rises could translate into longer-term inflationary pressures. Adding to the wage pressures, bottlenecks have also appeared in the labour market, with the proportion of firms experiencing hiring difficulties back at pre-pandemic levels. Wage moderation will be important in ensuring that temporary price rises do not lead to a damaging wage-price spiral, which would risk damaging Europe's global competitiveness and cause permanently higher inflation." - Read more

29/10/2021

cop26_business_expectations

"We need as many countries as possible to dramatically increase their climate ambition. It should be comparable to the EU's very ambitious plan: minus 55% by 2030", says BusinessEurope Director General Markus J. Beyrer just ahead of the United Nations Climate Change Conference in Glasgow.

26/11/2021
Position papers
Paris Declaration - business priorities for the French EU Presidency
24/11/2021
Position papers
WTO reform requires commitment from all its members
18/11/2021
Position papers
Fit for 55 package: momentous action needed to meet the ambitious 2030 targets
12/11/2021
Press releases
COP26: EU’s global trading partners miss out on solid 2030 commitments
08/11/2021
Reports and studies
Price rises must be met with moderation
29/10/2021
Video messages
COP26: business expectations

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