BUSINESSEUROPE respects the decision of the voters but regrets that the United Kingdom chose to leave the European Union.
BUSINESSEUROPE President Emma Marcegaglia commented: "The European business community continues to strongly believe in the European Union. Brexit opens up factors of uncertainty. We must now focus on the way forward. This set-back makes it only more important to make the necessary reforms in the European Union. We call on EU member states to send a strong signal reconfirming their commitment to the European Union and its three main economic pillars: the single market, the common trade policy and the euro. At the same time, we need to find smart solutions for an orderly Brexit process. Keeping a cool head is essential to minimise the adverse consequences of this vote. We must keep calm and carry on." - Read the full statement here
BUSINESSEUROPE and the China Centre for International Economic Exchanges signed an agreement to establish an EU-China dialogue at the level of CEOs and former senior officials. The objective of the dialogue is to (a) strengthen exchanges of views and cooperation between the EU and Chinese business communities, (b) make policy recommendations regarding problems in bilateral business relations and suggestions to the governments when necessary, and (c) promote various forms of business and technical cooperation between enterprises. Similar dialogues already exist with our Japanese and US counterparts – Keidanren and the U.S. Chamber of Commerce respectively.
The legislative proposals on waste and landfill of waste are positive steps in the right direction, according to BUSINESSEUROPE. However, some parts of the proposals need to be improved to avoid unintended consequences and to develop smarter regulation helping to move the agenda up. In our latest position paper on the topic, we make a number of concrete proposals on how these pieces of legislation should be amended, for instance by adjusting definitions, ensuring targets are based on harmonised rules for calculating progress, or guaranteeing minimum requirements for extended producer responsibility schemes.
“Europe needs more structural reforms to increase our long-term growth rate and increase the sustainability of our social model. Experience in countries such as Spain, Ireland and Portugal shows that both product and labour market reforms can quickly deliver improved growth and employment”, Director General Markus J. Beyrer said at an extraordinary “macro-economic dialogue” today in Brussels, chaired by the President of the Eurogroup and the Economic Council, Jeroen Dijsselbloem. “Recent agreements in Finland and France demonstrate the positive role that social partners can play in helping to drive reforms, and we need to build on these positive examples at both member state and EU level”, he added.
The EU and the USA must pull their efforts and find pragmatic solutions that can get us closer to a deal on the Transatlantic Trade and Investment Partnership. The business community in Europe is strongly committed to an ambitious TTIP and think it is still doable in 2016. President Marcegaglia also recalled the importance of now addressing all the sensitive issues that are critical to get political support for TTIP on both sides of the Atlantic. Photos
Director General Markus J. Beyrer led a BUSINESSEUROPE visit to Canada on 9-10 June. European business calls for swift implementation of the Comprehensive Economic and Trade Agreement - CETA, the most ambitious trade deal ever concluded by the EU or Canada. How to increase awareness of the benefits of the agreement and support its ratification process was discussed in Ottawa with John Manley, President and CEO of the Business Council of Canada and David Lametti, Parliamentary Secretary to the Minister of International Trade Christya Freeland. Photos
Speaking in the opening session of the European Business Summit attended by European Council President Tusk and Commission Vice-President Katainen, the President of BUSINESSEUROPE, Emma Marcegaglia explained what companies expected from the European Council and the European Commission. "The modest economic recovery in the European Union should continue. However, several risks exist: reform fatigue in some European countries, the slowdown of China, the potential for renewed financial market instability, the upcoming UK referendum, as well as the migration crisis and the strain it is placing on the Schengen agreement. We urgently need a coherent global EU strategy, with a stronger economic pillar as well as real implementation of pro-competitiveness policies to boost investment, growth and employment in Europe. And we need to safeguard Schengen", Emma Marcegaglia said. Photos - Video