Headlines
15 February 2024

Licence to transform: Company survey shows urgent need to reform EU permitting

Between May and June 2023, BusinessEurope surveyed 240 companies across 21 European countries, with 35% of those being SMEs, about their experiences with EU permitting processes.

The results of this study confirmed our concerns that, in today's very competitive global scene where speed is of strategic importance, long and complex industrial permitting hinders companies’ green and digital transformation and the EU’s global competitiveness. For example, around 60% of responding companies have to wait over a year and up to 6 years for a permitting approval; 83% find the complexity and duration of permitting are an obstacle to investing in the EU. 

They report challenges with public authorities – speed and lack of coordination – as well as complications and uncertainty around EU and national regulations. Our key competitors, like the US and China, face challenges in this area as well, but they have specific provisions like time limits to help address some of these difficulties. The EU has also taken steps in the right direction but more needs to be done. The EU industry needs its ‘licence to transform’ at speed.

Read the full survey report

Meeting with Canada's Trade Minister

Our Deputy Director General, Luisa Santos, met Canadian Trade Minister Mary Ng in Brussels. They discussed the benefits of CETA and the urgent need for all EU Member States to ratify this important trade agreement.

Did you know?

Quote of the week

"It's not the 'yes' percentage we're trying to change here,
it is the speed."

 

BusinessEurope President Fredrik Persson on industrial permitting, Reuters on
13 February

Upcoming events

26-29 February
13th WTO Ministerial Conference

28 February
The Importance of the WTO for Business
11 March
Roadmapping the skills revolution

13 March
Access to Finance for SMEs: Assessment and Perspectives
 
Twitter
Website
LinkedIn
YouTube
Copyright © BUSINESSEUROPE 2024. All rights reserved.
Forward to a friend - Our privacy policy






This email was sent to newsletter@newslettercollector.com
why did I get this?    unsubscribe from this list    update subscription preferences
BUSINESSEUROPE · Avenue de Cortenbergh 168 · Brussels 1000 · Belgium