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Economy and finance

EU’s €750 billion recovery instrument needs stronger focus on investments

Support needed for European cross-border projects and EU Single Market Today, BusinessEurope published its analysis of the National Recovery and Resilience Plans submitted by EU Member States to the...
Economy and finance

Corporate tax should support growth and investment

Following the publication today by the European Commission of its communication on “Business Taxation for the 21st Century”, BusinessEurope Director General Markus J. Beyrer made the followin...
Bilateral relations

Re-launch of EU-India trade negotiations an important step forward

Today, the EU-India Business Roundtable took place virtually in Porto to strengthen bilateral cooperation in the areas of climate, digital and healthcare and to support increased trade and investment....
Industrial relations and EU labour law

European business: Solid economic recovery is key for a social Europe

Porto Social Summit on implementation of European Pillar of Social Rights Today, the Porto Social Summit was convened by the Portuguese Presidency and the European Commission in Portugal to discuss t...
Industrial policy

EU industrial strategy: a good step forward, tailor-made actions must follow

Today, the European Commission published its update of the “2020 New Industrial Strategy: Building a stronger Single Market for Europe’s recovery”. It aims at learning lessons from the COVID-19...
Trade

Foreign subsidies: EU should prevent market distortions

Today, the European Commission published its proposal for a regulation on foreign subsidies that distort the EU internal market. BusinessEurope supports the efforts of the Commission to ensure fair ma...
Bilateral relations

The European Union-Mercosur trade agreement: a cornerstone to foster sustainable development and economic growth – Business statement

BusinessEurope, the Confederation of Portuguese Business (CIP) and the Brazilian National Confederation of Industry (CNI), with the support of the Portuguese Presidency of the Council of the European...
Bilateral relations

Health and humanitarian crisis in India

Europe and India have strong historic and economic ties and a tradition of close cooperation and mutual support that dates back many centuries. The European business community is extremely concerned b...
Bilateral relations

EU-UK: European Parliament ratification ends uncertainty for business

Today the European Parliament ratified the EU trade and cooperation agreement (TCA) with the United Kingdom, just a few days before the end of its provisional application. This finally brings clarity...
Climate change

CBAM: WTO compatibility and continuity of free allowances are essential

This week, the European Parliament will vote on a report on a Carbon Border Adjustment Mechanism, in support of the EU's efforts to go climate-neutral by 2050 while preventing Europe's effort from bei...
Multilateral / WTO

Airbus-Boeing tariff suspension important step towards a solution

Today, the European Commission and the United States Trade Representative agreed to suspend for 4 months the tariffs currently applied to aircraft and non-aircraft products in relation to the WTO airc...
Industrial relations and EU labour law

EU Pillar of Social Rights: We need a trust-based social partnership

Today, the European Commission published its action plan to implement the European pillar of social rights, which includes a Commission recommendation on Effective Active Support to Employment – EAS...
Trade

EU’s trade policy review: Open markets the key to the EU’s resilience

Today, the European Commission published a Communication on the EU’s trade policy review - An Open, Sustainable and Assertive Trade Policy. BusinessEurope Director General Markus J. Beyrer said: "T...
Multilateral / WTO

New WTO Director-General should bring fresh energy, optimism and trust

Tomorrow, the General Council of the World Trade Organisation will meet to consider the appointment of the new Director-General of the WTO, Mrs Ngozi Okonjo-Iweala of Nigeria. BusinessEurope Director...
Bilateral relations

EU and US business: work together on tariffs, data, tax, aircraft, China

Call on Biden, Harris, EU to support common transatlantic approach Today, BusinessEurope and the U.S. Chamber of Commerce jointly called on the EU and the U.S. to redouble their efforts to rejuvenate...
Circular economy

EU a step closer to a functioning market of secondary raw materials

Today the Environment Committee of the European Parliament approved the New Circular Economy Action Plan report. European businesses are fully on board with the EU’s ambition to achieve a circular e...
Bilateral relations

EU-US: business looks forward to a new era of partnership

Today marks the inauguration of Joe Biden as the 46th president of the United States of America. It should also mark a new era for transatlantic relations that hopefully will be more cooperative and l...
Trade

Better protecting the EU’s economic and financial interests

The European Commission communication on "Strengthening the EU’s economic and financial sovereignty" is an important step to kick off a broader debate on making Europe’s economic and financial sys...

Gattaz: Deepest regret about passing of former BusinessEurope Vice-President Hans de Boer

BusinessEurope President Pierre Gattaz expresses his deepest regret at the sudden decease of Mr Hans de Boer, former President of VNO-NCW and Vice-President of BusinessEurope: "Hans de Boer was a high...
Bilateral relations

EU-China deal can be important step to rebalance the relationship

Today the European Union and the People’s Republic of China announced the conclusion in principle of the negotiations on the Comprehensive Agreement on Investment (CAI). The agreement aims at increa...
Bilateral relations

EU-UK: a deal is most welcome

Today the European Union and the United Kingdom concluded a long-awaited agreement that will govern their future relationship. As we are approaching the end of the transition period, both sides should...
Climate change

EU leaders agreement is oxygen for Europe’s economic recovery

Today’s agreement reached by the European Council and all EU Member States on the long-term EU budget (MFF 2021-2027) and the Next Generation EU recovery fund is a major step forward to support our...
Bilateral relations

EU-UK negotiations: a deal is needed now

Today, during a meeting of BusinessEurope’s Council of Presidents, its member federations expressed great concern about the EU-UK negotiations. BusinessEurope President Pierre Gattaz said: "The end...