EU’s post-2020 budget should focus on growth and employment

“The focus of the EU budget after 2020 should be on growth and employment-enhancing expenditures as part of a reform-oriented budget supporting the involvement of social partners in the delivery of labour market reforms, notably through an improved European Social Fund.” This was the key message of BusinessEurope Director General Markus J. Beyrer at a meeting with Commission Vice-President Valdis Dombrovskis, Commissioners Günther Oettinger and Marianne Thyssen, and social partners on the Multiannual Financial Framework (MFF) beyond 2020. On the same day, Janica Ylikarjula, Chair of BusinessEurope’s MFF Task Force, also presented our initial reactions on the Commission’s 2 May package at a conference of the European Economic and Social Committee, adding that “while business acknowledges the Commission’s increased focus on future-oriented investment in its recent MFF proposal, more ambition is needed to foster EU long-term growth and competitiveness.” For more detailed information, please read BusinessEurope’s position on MFF. © European Union, 2018 Photo: Lukasz Kobus