Publications
Economy and finance
Economic Outlook: EU must act decisively to avoid the ‘slow agony’ of stagnation
4 November 2024 - Ahead of today’s Macroeconomic Dialogue with social partners and EU institutions, BusinessEurope has published its new Economic Outlook. BusinessEurope Director General Markus J....
Economy and finance
BusinessEurope Economic Outlook Autumn 2024 – EU Economy: How to avoid a “slow agony” while facing renewed headwinds
Economic situation
From Q2 2022 to Q2 2024, the EU economy grew by just 1.2%, where 11 member states experiencing a growth rate lower than this average. Out of these 11 countries, 7 of them exper...
Economy and finance
EU growth to pick up slightly, but industry still facing huge challenges
5 June 2024 - With the European elections only days away, BusinessEurope has today released its Spring Economic Outlook which bolsters our call for a reboot in EU policymaking to ensure Europe’s co...
Economy and finance
BusinessEurope Economic Outlook Spring 2024 – EU economy to slowly return to growth, but long-term challenges remain
Economic situation
The EU economy is expected to grow by 1.2% in 2024, increasing to 1.8% in 2025. This is a 0.4 pp downward revision for 2024 in comparison to our Autumn Economic Outlook as EU i...
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
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,...
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
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...
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...
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
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...
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
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...
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...
Economy and finance
EU recovery underway, but spread of new covid variants remains clear risk
BusinessEurope Economic Outlook forecasts 4.4% economic growth in 2021
Today, BusinessEurope published its Summer 2021 Economic Outlook assessing the EU's current economic situation and development...
Economy and finance
BusinessEurope Economic Outlook Summer 2021 – Securing the recovery
The EU economy is picking up strongly, but the path back towards a full recovery after the COVID19-induced recession will be long and fraught with downside risks. The massive disruptions caused by the...
Economy and finance
Economy and finance
Rapid implementation of EU recovery instrument is key in enduring COVID crisis
Political leaders should avoid any premature unwinding of economic support
EU economic output might be 3% below pre-crisis level by end 2021
Falls in hours worked equivalent to 18 million full time...
Economy and finance
BusinessEurope Economic Outlook Autumn 2020 – Protecting Europe’s fragile recovery
Following the deepest falls in output since the Great Depression in this spring, the EU economy began its recovery during the summer, but the path back to pre-COVID levels of output is likely to be lo...
Economy and finance
Coordinated fiscal stimulus necessary to deliver full recovery by end 2021
Support business investment, consumer demand, maintain employment
Today, BusinessEurope published its Spring Economic Outlook 2020 in view of the economic crisis due to the COVID-19 pandemic.
Bus...
Economy and finance
BusinessEurope Economic Outlook Spring 2020 – Strengthening the economic recovery
The EU, in common with the rest of the global economy, is presently experiencing the deepest recession since the Great Depression of the 1930s. The imposition of comprehensive lockdowns has caused nat...
Economy and finance
EU faces economic slowdown due to trade tensions
Need to support investment and structural reforms
Today, BusinessEurope published its Autumn Economic Outlook 2019. Based on input from its member federations in 35 countries, the outlook shows that...
Economy and finance
BusinessEurope Economic Outlook Autumn 2019 – EU economy weakens as trade tensions continue
The EU economy is experiencing an economic slowdown, reflecting declining global demand and uncertainties due to trade tensions. We forecast 1.3% real GDP growth in 2019 for the EU28 and 1.2% in 2020....