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Economy and finance

BEFIT Tax Package: Business community urges caution and global alignment

25 January 2024 - BusinessEurope has published a new position paper on the European Commission’s BEFIT proposal, and BusinessEurope Director General Markus J. Beyrer said: “European businesses sup...
Economy and finance

Business in Europe: Framework for Income Taxation (BEFIT) – a BusinessEurope position paper

Key messages BusinessEurope supports the Commission’s initiatives to improve the corporate income tax system in the EU. Nevertheless, the proposed BEFIT directive does not deliver the Commissionâ...
Economy and finance

EU industry has high expectations of the upcoming EU competitiveness report

11 January 2024 - Meeting former ECB President and Italian Prime Minister Mario Draghi today, BusinessEurope President Fredrik Persson underlined the urgent need for a strategic approach to the c...
Economy and finance

Proposal for a Directive on transfer pricing – a BusinessEurope position paper

Key messages We support the Commission’s objectives of increasing tax certainty and mitigating the risks of litigation and double taxation related to transfer pricing arrangements. The proposed...
Economy and finance

Directive establishing a head office tax system for micro, small and medium-sized enterprises (SMEs) – a BusinessEurope position paper

Key messages BusinessEurope welcomes the Commission’s proposed head office tax system rules as these have the potential to reduce tax compliance costs significantly for SMEs operating cross-borde...
BusinessEurope Economic Outlook Autumn 2023 –  Growth muted as high interest rates impact consumption and investment
Economy and finance

BusinessEurope Economic Outlook Autumn 2023 – Growth muted as high interest rates impact consumption and investment

Economic situation The European economy continued to grow sluggishly in the first half of 2023 as the impact of higher interest rates curbed demand against a backdrop of continuing geopolitical tensi...
Economy and finance

BusinessEurope Economic Outlook shows significant drop in European business sentiment

8 November 2023 - Upon the release of BusinessEurope’s Economic Outlook today, and on the occasion of the Macroeconomic Dialogue with social partners and EU institutions, BusinessEurope Director Gen...
Economy and finance

BusinessEurope reacts to proposed EU Framework for Income Taxation

12 September 2023 - Commenting on the package of tax proposals announced by the European Commission today (the BEFIT and Transfer Pricing Directives), BusinessEurope Director General Markus J. Beyrer...
Economy and finance

The EU economic governance review – a BusinessEurope position paper

Key messages Agreement on new fiscal rules is urgently needed ahead of Member States setting their 2024 budgets. Given high debt and deficit levels in some countries, a credible and respected frame...
Economy and finance

BusinessEurope on the EC proposals for the MFF review and a package on raising additional own resources: The EU needs an adequate budget, but raising additional funds should not deter investments

20 June 2023 - Commenting on the European Commission’s proposals for a review of the 2021-2017 Multiannual Financial Framework (MFF) and a package on raising additional own resources, BusinessEurope...
Economy and finance

Recession avoided for the EU economy, but challenges remain

8 June 2023 - Today, BusinessEurope published its Spring 2023 Economic Outlook. It highlights that falling energy prices through the mild winter have helped steer the EU economy away from recession,...
BusinessEurope Economic Outlook Spring 2023 – Recession avoided for the EU economy, but challenges remain
Economy and finance

BusinessEurope Economic Outlook Spring 2023 – Recession avoided for the EU economy, but challenges remain

Economic situation Whilst falling energy prices through the mild winter have helped steer the EU economy away from the recession, the situation remains challenging for many businesses. Our forecast...
Economy and finance

Bring Europe rapidly back on track for growth with an ambitious and effective long-term competitiveness strategy

BusinessEurope publishes its Reform Barometer 2023 21 March 2023 - Ahead of the Spring European Council on 23-24 March, BusinessEurope presented its annual Reform Barometer - "The EU's global competi...
Economy and finance

The rapidly increasing numbers of bankruptcies are alarming

16 February 2023 - On today's publication of the new EU bankruptcy figures by Eurostat, BusinessEurope’s Director General Markus J. Beyrer stated: “The rapidly increasing numbers of bankruptcies a...