European businesses urge new MEPs to prioritize competitiveness

Economics
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Fredrik Persson, President | Business Europe

BusinessEurope and the European business community have extended their congratulations to the newly elected Members of the European Parliament, acknowledging a strong voter turnout that underscores citizens' engagement with Europe.

BusinessEurope President Fredrik Persson stated, "EU elections have seen a clear winner. We urge the main political forces to organise the pro-European majority in the European Parliament to take the necessary action to improve competitiveness and agree upon the future EU leaders as soon as possible. Economic ambition, political stability and predictability are key for the EU’s economic growth and its attractiveness for investment which are the prerequisite of the wellbeing of European citizens."

Persson emphasized that strong companies are essential for societal benefits, just as European companies need a robust EU framework to thrive. "This was our key message leading up to the elections, where we also called for a reboot in EU policies to safeguard Europe’s competitiveness," he added. He highlighted that it is crucial for newly elected MEPs and other EU institutions to prioritize Europe's economic success amid challenging geopolitical circumstances.

"The best remedy against populism is a striving economy that attracts investment and successful companies that create quality jobs. Now is the moment to steer the European ship back on course," Persson remarked. He assured that BusinessEurope stands ready to collaborate constructively with new institutions to ensure Europe remains an attractive place for living, working, and conducting business.

Further details on business priorities for the next EU cycle can be found at rebooteurope.eu.