Latest news

20/02/2024

Today, industry leaders convened in Antwerp to discuss how to restore Europe’s competitiveness with Belgian Prime Minister Alexander De Croo and European Commission President Ursula von der Leyen. At the summit organised by the European Chemical Industry Council (Cefic), BusinessEurope Director General Markus J. Beyrer emphasised the imperative of firm political commitment to a European Industrial Deal to complement the Green Deal, and foster a more competitive, resilient and sustainable Europe. He specifically addressed the issue of long and complex industrial permitting in the EU. “According to our recent survey, for more than 8 in 10 companies the time it takes to secure permits is a barrier to investing in Europe. We need structural changes now.”

19/02/2024

european_business_expectations_from_the_wto_13th_ministerial

The 13th WTO Ministerial meeting kicks off on 26 February 2024. BusinessEurope Director General Markus J. Beyrer explains what European business expects from it.

13/02/2024

"In today’s very competitive global scene, speed is of strategic importance. Long and complex industrial permitting is a bottleneck for companies’ green and digital transformations and the EU’s global competitiveness", President Fredrik Persson said presenting the results of a new study. BusinessEurope has surveyed 240 companies across 21 European countries, with 35% of those being SMEs, about their experiences with EU permitting processes. For example, 83% find the complexity and duration of permitting are an obstacle to investing in the EU; around 60% of responding companies have to wait over a year and up to 6 years for a permitting approval. Companies surveyed report challenges with public authorities – speed and lack of coordination – as well as complications and uncertainty around EU and national regulations. Our key competitors, like the US and China, face challenges in this area as well, but they have specific provisions like time limits to help address some of these difficulties. The EU has also taken steps in the right direction but more needs to be done. "The EU industry needs its 'licence to transform' at speed", Persson concluded. - Read more

31/01/2024

BusinessEurope joined the Val Duchesse social partners summit to give a fresh start to the dialogue initiated there by Jacques Delors 39 years ago. “We are fully committed to improving the dialogue between EU leaders and social partners as well as among the social partners”, underlined BusinessEurope President Fredrik Persson and Director General Markus J. Beyrer representing European companies of all sizes at the summit. “For us, social partnership has to be an economic and social partnership. Social progress can only be built on competitiveness and growth”, Persson said. Unfortunately, the latest GDP data confirmed that Europe’s economy is stagnating and lagging behind our key competitors. In 2023, EU GDP grew by only 0.5%, compared with 3.1% growth in the USA. It is crucial that employers, workers and policy-makers join forces to put Europe back in the top spot to work, live and do business. - Read more (Photo © European Union, 2024)

25/01/2024

On 24 January, the European Commission proposed five new initiatives to strengthen the EU's economic security. This package of proposals follows the June 2023 Communication on a European Economic Security Strategy. The new set of proposals is comprised of initiatives on strengthening screening of FDI into the EU, ensuring more effective export controls on dual-use items, and launching a discussion on parameters to monitor and assess outbound investment risks, among others. BusinessEurope Director General Markus J. Beyrer commented on the newly proposed package: “Today’s EU economic security package brings much-needed clarity to the Commission Strategy announced in June 2023. We recognise the need for a more European approach on export controls and inbound FDI screening. Closing loopholes through coordinated implementation is vital for mitigating security-related risks and safeguarding the single market.” - Read more

17/01/2024

"Today the EU’s Single Market accounts for 56 million European jobs and plays a key role in bringing the economic power needed to be globally competitive and achieve the twin transition", BusinessEurope Director General Markus J. Beyrer, representing the European business community, underlined at the high-level debate on European competitiveness and the future of the Internal Market organised by the European Economic and Social Committee (EESC).  "If all barriers to the free movement of goods and services were abolished, the Single Market could unleash €713 billion by the end of 2029", he said. This is a tax-payer neutral amount that could help investment in the green and digital technologies. However, over the last 5 years, the integration of the Single Market has stagnated, and even risks coming to a stop. European businesses are concerned that the mass of new EU legislation over the current political cycle was largely ineffective in removing existing Single Market barriers to cross-border free trade. - Read more

20/02/2024
News
Strong industry call for a European Industrial Deal
19/02/2024
Video messages
“The time to act is now”
13/02/2024
Reports and studies
EU permitting needs urgent reform
31/01/2024
Speeches
Val Duchesse summit: Economic and social progress go hand in hand
25/01/2024
Press releases
Economic security - Business welcomes clarity and further debate
17/01/2024
Speeches
It’s time to build on our biggest asset – the EU Single Market

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The WTO's 13th Ministerial Conference (MC13) will take place from 26 to 29 February 2024 in Abu Dhabi, United Arab Emirates. Ministers from across the world will attend to review the functioning of the multilateral trading system and to take action on the future work of the WTO.

Building on over a decade of experience in developing and disseminating skills and labour market analysis, Cedefop presents its improved skills intelligence tool, which brings together various strands of the Agency’s analytical and research work. With this skills intelligence tool Cedefop aims...

Organised on the initiative of the Vice Prime Minister and Minister of SMEs of Belgium, the event will feature a series of high-level panels dedicated to the theme of SME financing. Participants will be guided through five compelling panel debates, exploring diverse facets of SME financing. This...

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