Tripartite Social Summit: Europe can only be as strong as its economy

On 19 March, BusinessEurope delegation joined fellow social partners and EU leaders at the Tripartite Social Summit to discuss how to restore Europe’s competitiveness and its position as an attractive, investment-friendly location. Our President Fredrik Persson said: “In this highly uncertain global environment, strengthening the economic backbone of the European Union is more urgent than ever. There can be no resilient and strong Europe without resilient and strong competitive business and industry." He also presented our freshly published Reform Barometer 2025, which shows that overregulation, high energy prices and labour shortages continue to be the three main factors holding Europe back. Furthermore, an overwhelming 85% of our members underline that the current deregulation agenda in the US will further divert investment away from Europe if concrete signals are not given that the EU is walking the talk on prioritising competitiveness.

Read the Press Release.