How to close the EU’s energy cost gap:
Key takeaways from the European Business Nuclear Alliance Launch Summit in Paris |
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| What are the biggest competitiveness challenges facing European businesses? Is energy part of the problem or a solution? And what are the biggest challenges the Clean Industrial Deal must address? These pressing questions were at the centre of MEDEF's European Business Nuclear Alliance Launch Summit, where our Director General, Markus J. Beyrer, shared his insights on 12 February. |
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| “The European Commission has set the right course – now it’s time for concrete action,” Beyrer stated. “The Clean Industrial Deal and the Affordable Energy Plan must focus on reducing energy costs, while the first Omnibus must introduce bold measures to reduce regulatory burdens for companies”. He emphasised that a competitive Europe needs abundant, secure and tech-neutral energy at competitive prices. |
| Beyrer also repeated BusinessEurope’s call on EU policymakers to take action and deliver on the promise to reduce the energy cost differential towards our major competitors. “Without additional supportive policy measures, the energy price gap in Europe is projected to be at least 50% higher compared to the USA, China and India by 2050. If Europe doesn’t act now to boost its competitiveness, we risk losing our capacity to innovate, produce wealth and meet our decarbonisation ambitions.” |
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Call for a bold Single Market strategy |
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| We joined forces with five other EU business associations to call for a swift, ambitious Single Market strategy to remove concrete barriers for businesses, with clear roadmaps and timeframes. Alarmingly, 60% of the barriers in services from 20 years ago still hamper companies today. Discover our six recommendations for a stronger Single Market here. |
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“Increasing tariffs adds costs for consumers — both industry and citizens — and it hampers economic growth”. Our Director General Markus J. Beyrer quoted in the POLITICO Pro Fair Play Newsletter of 12 February. |
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BusinessEurope views on Clean Trade and Investment Partnerships (CTIPs)
11 February
Read our position paper. |
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FDI Screening Regulation Revision: Towards a more efficient system in the EU
7 February
Read our position paper. |
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