Today, BusinessEurope released its business priorities for the next EU cycle with the publication of "Reboot Europe: Europe’s economic success – everyone’s business". This will be the focus of our event this evening in the European Parliament, which will bring together MEPs from across Europe and the political groups with the leadership of our member federations.
BusinessEurope President Fredrik Persson said:
"Europe’s economy is falling behind. According to the OECD, Foreign Direct Investment into the EU collapsed from over 6% of EU GDP to negative figures between 2015 and 2023, while FDI inflows into the U.S. remained strong.
This stagnation threatens our ability to achieve the vital green, digital, social and security transitions. We are calling for a reboot of European policies in this new EU cycle to address the structural weaknesses that are undermining our companies’ efforts to deliver for society.
EU leaders have acknowledged that Europe’s prosperity is under threat and have committed to making competitiveness the top priority for the next five years. We welcome this new political direction, which must be duly reflected in upcoming initiatives such as the Competitiveness Compass, the omnibus proposal to simplify EU legislation, and the Clean Industrial Deal.
Now is the time for action. Today, we propose concrete actions for the EU to take during the first 100 days and beyond. These include cutting red tape, reducing energy costs, diversifying export and import markets, boosting the digital economy and fostering innovation.”
Please read BusinessEurope’s paper in full here.
