“We need more investment in Europe to fight unemployment, the first cause of inequalities. The single market is essential to attract investors. We need more European unity and we need more openness to trade. EU leaders must work together to defend the collective interest of all Europeans”, BusinessEurope President, Emma Marcegaglia, said during the panel discussion 'The European Disunion' at the World Economic Forum annual meeting in Davos, on 18 January 2017. She was joined by European Commissioner Pierre Moscovici, the General Secretary of the European Trade Union Confederation, Luca Visentini and Nobel Prize winner Joseph E. Stiglitz.
BusinessEurope President Emma Marcegaglia and Director General Markus J. Beyrer congratulated Antonio Tajani on his election as President of the European Parliament. European companies strongly believe in the European Union, they want to invest in Europe and generate more growth and jobs. To do so they need a competitive business environment. The European Parliament plays a crucial role in setting the conditions for this framework. Therefore, BusinessEurope and its 40 member federations and companies count on strong cooperation with the newly elected President, the political groups, committees and individual MEPs.
The Alliance for a Competitive European Industry (ACEI) that includes BusinessEurope and key industrial sectors has sent a strong message to the European Parliament in support of the free-trade agreement between the EU and Canada, CETA: “The European manufacturing industry, represented by the ACEI, calls on you to endorse this highly ambitious and forward-looking trade agreement at your February 2017 plenary session”. The letter points out that CETA will strengthen the trade and investment relations between two of the world’s most advanced economies and like-minded partners, for the benefit of growth and jobs.
Lift national restrictions, unleash the data-driven economy
Today’s communication of the European Commission “Building a European Data Economy” concerns Europe’s success in data-driven digital transformation. It concerns data localisation, access to data, ownership of data and liability. It should support businesses to be free to move data within Europe to benefit from the digital single market. EU member states and stakeholders will now discuss the justifications for and proportionality of data localisation measures. If the right conditions are set for Europe’s data economy to flourish it could be worth 3% of EU GDP by 2020. Read the press release
The single market is one of Europe’s greatest assets, but businesses still experience barriers when providing services in another Member State. Services account for over 70% of EU GDP and employment, yet cross-border services only make up 5% of EU GDP compared with about 20% for goods. BusinessEurope Director General Markus J. Beyrer said: "The growth potential for services must be unleashed. We especially need more competitive business services as these are crucial to support European manufacturing and industry. Actions to meet these objectives are welcome. We must ensure that the European Services e-Card really adds value for the construction and business services sectors. The card, which is rightly voluntary, needs to save time and costs, and make life easier for companies, otherwise this new approach will not work." Read more