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Economy and finance

Action is needed now to avoid further investment leakage due to rising costs

BusinessEurope today published its Autumn 2022 Economic Outlook 7 November 2022 - Our autumn economic forecast shows that the EU economy will grow by 2.8% between 2021 and 2022, but only 0.6% in 202...
BusinessEurope Economic Outlook Autumn 2022 – Businesses face a difficult winter as sentiment falls and costs rise
Economy and finance

BusinessEurope Economic Outlook Autumn 2022 – Businesses face a difficult winter as sentiment falls and costs rise

After a strong first half year driven by post-Covid service sector reopening, business sentiment has declined rapidly in recent months. Soaring energy bills and continuing supply chain disruptions mea...
Economy and finance

Debt-equity bias reduction allowance (DEBRA) – a BusinessEurope position paper

Key messages We welcome the European Commission’s efforts to support equity financing ona more equal footing compared to debt financing, with the aim of increasinginvestment and improving the res...
Economy and finance

Improving business environment is crucial to face rising costs and falling growth

BusinessEurope today published its Summer 2022 Economic Outlook 7 July 2022 - Today, BusinessEurope published its Summer 2022 Economic Outlook, forecasting the EU economy to grow by 2.6% between 2021...
BusinessEurope Economic Outlook Summer 2022 – European businesses face a difficult period as costs rise and growth falls
Economy and finance

BusinessEurope Economic Outlook Summer 2022 – European businesses face a difficult period as costs rise and growth falls

The EU economy, in common with much of the global economy, is facing a very difficult period. Whilst some services sectors, are continuing to benefit from further reopening following Covid, many indus...
Economy and finance

Unshell – Laying down rules to prevent the misuse of shell entities for tax purposes – a BusinessEurope position paper

Key messages We welcome and support the European Commission’s continued fight against tax fraud, tax evasion and aggressive tax planning both at the corporate and at the personal income tax level...
Economy and finance

Directive on ensuring a minimum level of taxation for multinational groups within the European Union (‘Pillar Two’) – a BusinessEurope position paper

Key messages We welcome the global agreement reached at the OECD/Inclusive Framework (IF) on a global corporate tax reform. Provided that they are implemented globally and in a harmonised way, both...
Economy and finance

EU own resources plans must not add burden on business

Today, the European Commission presented its communication on own resources and directives on a minimum corporate tax and fighting shell entities. BusinessEurope Director General Markus J. Beyrer sai...
Economy and finance

Price rises must be met with moderation

EU is undergoing strong recovery and is well on track to reach pre-crisis GDP level this year But businesses are experiencing strong upward price pressures including surging energy prices. Which push...
BusinessEurope Economic Outlook Autumn 2021 – Keeping the recovery on track despite mounting price pressures
Economy and finance

BusinessEurope Economic Outlook Autumn 2021 – Keeping the recovery on track despite mounting price pressures

The EU economy is undergoing a strong recovery, but rapid price increases and bottlenecks in global supply chains are threatening to blunt the upturn. The rollout of vaccinations allowed EU governmen...
Access to finance / financial affairs

Implementing globally agreed bank rules should not put EU companies at a competitive disadvantage

Following the European Commission’s proposals to implement the final parts of the Basel III framework for banks, BusinessEurope Director General Markus J. Beyrer said: "Financial market stability is...
Economy and finance

Economic governance must put public finances on sustainable footing

Following the European Commission’s relaunch of the EU’s Economic Governance framework today, BusinessEurope’s Director General Markus J. Beyrer said: “We support the European Commission’s d...