Stronger businesses, stronger European Union |
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| Ahead of the European elections 2024, we urge European political parties to ensure that the European Union takes the necessary measures to strengthen Europe’s economy. |
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| During the next political cycle, the EU needs to put competitiveness at the forefront. Having a strong economy is necessary to defend our European way of life and European interests abroad. It enhances our ability to promote our values and reinforces our attractiveness as an investment destination and as a partner for free-trade agreements. After 5 years marked by permanent crisis, the European economy is falling behind. |
| Between 2019 and 2021, foreign direct investment has decreased by two thirds in the EU while it has increased by two thirds in the USA. The number of greenfield investment projects in the EU fell by 15% between 2021 and 2022, compared to an 18% increase in the USA. Europe’s declining attractiveness for investment needs to be addressed. We propose 7 major actions to be taken to reach that goal. |
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BusinessEurope's mission to China |
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| The mission started on 8 November in the Ministry of Commerce (MOFCOM) in Beijing. The current challenges to EU-China trade and investment flows, the geopolitical risks and their impact on supply chains, as well as ways to improve business environment for European companies, were among the topics discussed. |
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Newly published: Autumn Economic Outlook |
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BusinessEurope Economic Outlook Autumn 2023
Growth muted as high interest rates impact consumption and investment
Read the full report |
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“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.”
Our Director General Markus J. Beyrer commenting on the European Parliament Plenary vote on the EU Data Act on 9 November |
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Latest letters and papers |
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Analysis of labour and skills shortages: Overcoming bottlenecks to productivity and growth |
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Annual sustainable growth strategy 2024: consultation of European social partners - Employers' views
31 October
Read the position paper |
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La Hulpe Summit preparations - EU employers’ written input on the future of social Europe |
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