BusinessEurope Council of Presidents committed to green and digital transitions but urges to combat legislative complexity
Today, the Presidents of BusinessEurope’s 40 member federations urged the future French Presidency of the European Union to combat the complexity of EU legislative proposals that is hampering the development of the millions of small, medium and large European enterprises they represent.
BusinessEurope President Pierre Gattaz said: "There are growing concerns in the business community about legislative proposals that put European companies at a disadvantage when competing on global markets. Enterprises cannot cope with this never-ending accumulation of constraints and administrative requirements. BusinessEurope urges the French Presidency to focus on restoring Europe's economy and combating legislative complexity. To reconcile climate ambitions with industrial competitiveness, the European legal framework must facilitate innovation and minimise transition costs. For example, investment in all zero- and low-carbon energy sources and solutions must be integrated into the taxonomy for sustainable finance. Moreover, the importance of trade policy for the recovery must not be underestimated. Trade agreements help to create jobs, growth, and build alliances."
Please see the Declaration of BusinessEurope’s Council of Presidents here.