At the Gothenburg social summit for fair jobs and growth co-hosted today by the Swedish Prime Minister Stefan Löfven and the Commission President Jean-Claude Juncker, Emma Marcegaglia, BusinessEurope President, stressed that economic and social challenges need to be addressed in a coherent way, recognising that economic progress is the basis for social well-being. Europe must be competitive and do better in in terms of growth, employment and productivity to be able to finance social safety nets. If we do the necessary reforms, Europe can remain one of the best places in the world to live, work, and do business. Speech - Factsheet
The CBI and business groups from across Europe, representing millions of employees, met with UK Prime Minister Theresa May. They discussed the importance of positive progress in the UK-EU negotiations; the need for urgent agreement on a ‘status quo’ transition; and beginning discussions on a future economic relationship that draws on existing close economic ties. Emma Marcegaglia, President of BusinessEurope, leading an important delegation of European Business leaders in a meeting with PM Theresa May, said: “Businesses from across Europe welcomed the opportunity to meet with Theresa May, the UK Prime Minister, to emphasise the mutual importance of making urgent progress in the EU-UK talks.” Read more
A few weeks before Bulgaria takes its turn in holding the EU presidency, Markus J. Beyrer met Emil Karanikolov, Minister of Economy of the Republic of Bulgaria. The Council presidency comes at a decisive moment, when the EU has to roll out the necessary steps following the recent adoption of the EU’s industrial policy strategy. “The Competitiveness Council”, Beyrer stressed, “plays a pivotal role in making sure that the voice of industry is properly reflected in the EU policy-making process.” He also underlined some of the building blocks for successfully implementing the strategy, notably the need for a monitoring framework, long-term objectives and fit-for-purpose governance.
At today’s Macroeconomic Dialogue at political level, which provides a forum for exchanging views between the European Commission, Council, ECB and social partners, BusinessEurope Director General Markus J. Beyrer commented: “Businesses across the EU are benefiting from a strengthening EU economy. Our latest forecast for EU growth of 2.3% in 2017 is 0.4 percentage points higher than we expected in spring, with 2.1% growth expected in 2018. However, with the recovery supported by temporary factors, further reforms at both national and EU level are required to raise long-term growth.”
After the meeting, BusinessEurope released its Autumn Economic Outlook which underlines that the EU's economic recovery is picking up momentum. European business federations expect a continuation of the recovery, with indications that the business climate is likely to see further improvements. Consumer spending is forecast to remain the key driving factor behind growth, with rising consumer confidence bolstered by relatively strong job creation across the EU and increasing labour force participation.
Today at the Tripartite Social Summit in Brussels, BusinessEurope's President Emma Marcegaglia stressed that the EU needs to become more attractive for investment and to maintain a fair and ambitious trade agenda opening new markets and creating sustainable growth and new business opportunities for enterprises of all sizes. As regards the social dimension of Europe, she added that the key challenge is to set in motion a partnership for reforms for improved employment outcomes and stated that “the European Union should act where there is a shared understanding of its added value, respecting subsidiarity and social partner autonomy.” Speech - Photos (Photo copyright: European Union)
On the eve of the Tripartite Social Summit, President Emma Marcegaglia and Director General Markus J. Beyrer met the President of the European Council, Donald Tusk. They conveyed BusinessEurope’s message in view of the European Council meeting on 19-20 October 2017. Today there is a window of opportunity offered by an improved economic situation and by a strong sense of unity behind the European project, which we should use effectively. For BusinessEurope, this means continuing to make the reforms that are necessary to modernise our economies and societies, strengthening the EMU, delivering a structured way forward on industrial policy, being at the forefront on trade policy and fighting against protectionism and shaping Europe’s social dimension in a way that supports economic development and employment creation in all Member States. ©: European Union
How to ensure that Europe as an inventor of ground-breaking new technologies will also commercially benefit from its own innovative technologies? How to adapt the EU’s research policy in this respect? To discuss these questions with BusinessEurope's Executive Committee, Director General Markus J. Beyrer welcomed Pascal Lamy, former Director General of the WTO, former EU Trade Commissioner and current chairman of the High-Level Group on maximising the impact of EU Research & Innovation Programmes. Discussing the key findings of the report “Investing in European future” recently presented by an expert group under Lamy’s guidance, Beyrer said: “We invent ground-breaking new technologies in Europe, but we should also commercially exploit them here, instead of waiting for the USA and China to do so. We should also be less risk-averse and make EU regulation innovation-proof.” Read more - Read our views on the report
BusinessEurope organised a trade seminar gathering international experts to discuss current challenging trade issues and topics on 9 October at its headquarters in Brussels. “Trade will be enhanced through the engagement in a continued dialogue with international partners, in which we can learn from each other’s practices”, said Luisa Santos, Director of International relations at BusinessEurope. The event was an opportunity for the participants to share their experience on anti-dumping and safeguard legislations, rules of origin and customs procedures. The United States administration’s views on international trade were also part of the discussion as a new policy is gradually taking shape and following up on announcements made during the electoral campaign. Photos