Business Europe
Recent News About Business Europe
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European business message for COP28 - All G20 countries should commit to 2030 targets
COP28, starting on 30 November in Dubai, is an important moment for international climate negotiations. BusinessEurope Director General Markus J. Beyrer emphasized the importance of all G20 countries committing to ambitious 2030 targets. Beyrer stated, "European business stands firmly behind the Paris Agreement. However, with the EU counting for 7% of current global CO2 emissions and only 4-5% by 2030, it is critical that all G20 countries agree to similarly ambitious 2030 targets. They must also commit to implementing concrete, transparent and reliable transformation...
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Business Message to Belgian EU Presidency: Tackle Short-Term Challenges and Empower European Economy
On November 24, 2023, the Presidents and Directors General of BusinessEurope’s member federations gathered in Brussels to present their priorities for the incoming Belgian Presidency of the Council of the European Union. BusinessEurope President Fredrik Persson highlighted the importance of the upcoming presidency, stating, "The European economy is growing even more sluggishly in the first half of 2023, and the six months of the Belgian Presidency will be crucial."Persson urged the Belgian Presidency to focus on finalizing proposals essential for the competitiveness and...
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BusinessEurope Director General Markus J. Beyrer Welcomes European Parliament's Approval of EU-New Zealand FTA
BusinessEurope Director General Markus J. Beyrer welcomed the European Parliament's approval of the free-trade agreement between the European Union and New Zealand. Beyrer commented on the plenary vote, stating, "This is a welcome step in the EU’s efforts to diversify its sources of supply, create new export market opportunities, and to increase its economic resilience in the face of rising geopolitical tensions."Beyrer emphasized the significance of the trade agreement in strengthening the EU's presence in the Indo-Pacific region, noting that it is home to some of the...
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EU Urged to Recognize Economic Migration's Role in Addressing Labor and Skills Needs
BusinessEurope Director General Markus J. Beyrer has emphasized the importance of economic migration in addressing Europe's labor and skills needs. Beyrer stated, “It is high time that the EU acknowledges the role of economic migration in helping to address Europe’s labour and skills needs.”Beyrer also highlighted the potential impact of the proposed Talent Pool, saying, “The proposed Talent Pool can be a game changer in making Europe a more attractive destination for the needed skilled workers from third countries around the world. Helping to match skilled third-country...
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BusinessEurope Comments on EU Parliament Plenary Vote on EU Data Act
BusinessEurope Director General Markus J. Beyrer has commented on today's EU Parliament Plenary vote on the EU Data Act, emphasizing the importance of assessing its impact on the EU's global competitiveness. Beyrer stated, "Making data flows easier in Europe is a necessary step, but it will be key to assess the Data Act’s impact on the EU’s global competitiveness."Expressing the concerns of the European business community, Beyrer highlighted the need to prevent a chilling effect on data innovation investments in the EU. He stated, "The number one concern of the European...
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BusinessEurope Economic Outlook Reveals Significant Drop in European Business Sentiment
BusinessEurope Director General Markus J. Beyrer, upon the release of BusinessEurope’s Economic Outlook, expressed concerns about the current state of the European economy. Beyrer noted, "The European economy continued to grow even more sluggishly in the first half of 2023 as businesses were faced with the impact of higher interest rates, a slowing global economy, and increasing long-term competitiveness challenges." He highlighted that factors such as higher interest rates and increased credit standards have hindered investment and consumer spending, leading to a more...
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European Companies Face Critical Labour and Skills Shortages, New Survey Reveals
BusinessEurope today released findings from a recent survey of European companies, shedding light on the significant labour and skills shortages prevalent in the region. According to BusinessEurope Director General Markus J. Beyrer, "Our survey of European companies confirmed that they are facing growing labour and skills shortages. This is fuelled by three factors: demographic change, high rates of inactivity and low levels of intra-EU mobility. These shortages will continue to be Europe’s key labour market challenge in the coming years."The survey revealed that...
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EU-US Summit falls short of business expectations
The European Union and the United States of America recently concluded their second summit in Washington, DC on October 20. BusinessEurope President Fredrik Persson expressed disappointment on behalf of the European business community regarding the outcomes of the summit.Persson highlighted the lack of progress on key issues, stating, "I will not hide the disappointment of the European business community at the news that no permanent solutions have been found on our priority issues – critical minerals and steel and aluminium." He emphasized the importance of reaching...
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Providing real relief for SMEs – BusinessEurope’s SME Roadshow in Rome
On Oct 4, 2023, BusinessEurope, in partnership with its Italian member federation Confindustria, hosted the second of its SME Roadshow events in Rome. The event featured keynote speeches from Roberta Metsola, European Parliament President, and Thierry Breton, EU Commissioner for Internal Market, focusing on SMEs’ path to the twin green and digital transitions in the context of the European Commission’s recently announced SME Relief Package.Fabrice Le Saché, Chair of BusinessEurope’s Entrepreneurship & SME Committee, emphasized the importance of the Commission's proposals...
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Urgent Calls for EU Permitting Reform Following New Study
BusinessEurope today released the findings of a new survey highlighting the pressing need for reform in EU industrial permitting processes. The study, encompassing companies from 21 European countries, shed light on the challenges faced by businesses in navigating the complex and lengthy permitting procedures within the EU."In today’s very competitive global scene, speed is of strategic importance. Long and complex industrial permitting is a bottleneck for companies’ green and digital transformations and the EU’s global competitiveness," emphasized BusinessEurope...