BusinessEurope closely follows the developments of the draft Supreme Court Bill on the judicial reform in Poland. Apart from questions on the process, where we share the Polish social partners’ doubts regarding insufficient consultations, it is mainly the potential consequences for international investments that cause great concern among the European business community. The European Commission has a legitimate reason to act as guardian of the European treaties. Markus J. Beyrer, Director General of BusinessEurope: “A stable, predictable and independent judiciary is crucial not only for a thriving democracy, but also for the attraction of international investments in Poland’s growing economy. While making improvements to the judiciary system is legitimate, such a process must at all stages respect the constitutional principles and procedures and preserve the rule of law. We call on Polish lawmakers to reassess the currently discussed draft bill and to ensure its conformity with our common European values.”
An ambitious reform of the EU Emission Trading System (EU ETS) is possible without taking the risk of industries disinvesting from the EU. Today BusinessEurope presented a study by FTI Consulting showing the best ETS reform compromise options, just ahead of the third trilogue negotiations on the ETS between representatives of the European Parliament, the European Council and the European Commission. Markus J. Beyrer, Director General of BusinessEurope said: “This study clearly shows that it is possible both to have an ambitious ETS reform and to avoid that EU industry sectors relocate or invest outside the EU. We need the right combination of positions of the Commission, the Parliament and Council. This means a temporary doubling of the Market Stability Reserve together with a conditional 5%-shift from auctioned to free allowances, and no use of free allowances to furnish support mechanisms such as the Innovation Fund or the New Entrants' Reserve.” Read more | Read our feedback to comments received about the study
Tomorrow G20 leaders will meet in Hamburg where the discussions will focus on climate and trade. These are two critical areas for the European business community and G20 needs to show strong commitment and leadership. Regarding climate Emma Marcegaglia, President of BusinessEurope, said: “EU business supports the Paris Agreement as it provides a global framework for investment in low-carbon technologies, progress towards a level playing field and more transparency. Support for and unity of the Paris Agreement must be preserved. Therefore, we call on the G20 to show leadership, to reaffirm and stick to their commitments. This is even more important now the US Administration has decided to leave the agreement." Read our press release or the joint B20 statement
BusinessEurope welcomes the announcement of a political agreement in the EU-Japan free-trade agreement negotiations. Markus J. Beyrer, Director General of BusinessEurope, said: “After hard negotiations, the EU and Japan are sending a very positive signal to the world. We still need to see the text of the agreement but having two leading G20 economies agreeing on expanding trade and investment ties is extremely positive. We are asking G20 to take action against protectionism and this is a concrete example of how this could be done.” Read the full press release.
Today, BusinessEurope published its “Views on a renewed EU industrial strategy”. The European Council, the European Parliament and the EU Competitiveness Council - all of them - want the European Commission to show more action now. Our new report reflects these calls and provides substance to the debate. Markus J. Beyrer, Director General of BusinessEurope said: “We must define ambitious strategic objectives for industry for the year 2030 urgently. Only a strong European industry will guarantee a robust European economy. The EU should renew its entire industrial strategy – now – to stop Europe’s persistent competitiveness shortfall identified in the last years. Read more
Presenting BusinessEurope’s priorities for the Estonian Presidency to Prime Minister Jüri Ratas, Director General Markus J. Beyrer said: “Europe must grasp the opportunity presented by the improved economic and political climate, focus on priorities that unite and build the foundations for stronger and more secure growth across the European Union. We look forward to working with the Estonian Presidency to bring about unity through balance”. Together with the Director General of the Estonian member federation, Tomas Tamsar, Beyrer also met with the Ministry of Economic Affairs and the Government Chief Information Officer, Siim Sikkut. He emphasised that, as a frontrunner in digitalisation, Estonia is well placed to help the EU reach a genuine Digital Single Market. Photos
“Our organisations should work together to enhance companies’ role in very promising areas where the EU and Latin America could and should intensify cooperation by promoting inclusive and sustainable growth”, said Markus J. Beyrer, Director General of BusinessEurope, at the 28th Meeting of the Presidents of the Ibero-American Employers Organisations (CEIB-OIE) on 19 June in Madrid. José Luis Káiser Moreiras, Director General for International Trade and Investment of the Spanish Ministry of Economy, Industry and Competitiveness, and Roque Benavides, President of the National Confederation of Private Business of Peru (CONFIEP) also participated in the panel. BusinessEurope believes that the framework for business cooperation should be expanded to ensure that companies are well aware and taking full advantage of existing opportunities in the two regions. Read more
“Member states have to engage effectively with businesses, each other and the EU institutions to make sure that circular economy is not just a Brussels discussion. In this context, it is vital that we understand the challenges that member states and their businesses face”, BusinessEurope Director General Markus J. Beyrer said at an event on circular economy on 7 June. BusinessEurope has launched the European Circular Economy Industry Platform to highlight these challenges and what SMEs, industry and other businesses are doing already. “Raising awareness and inclusiveness is key in making sure Europe as a whole shifts to a circular economy and grasps its huge socio-economic potential”, Beyrer added. Other keynote speakers were Irmfried Schwimann, Deputy Director-General at DG GROW, European Commission; Kęstutis Sadauskas, Director for Circular Economy and Green Growth, DG Environment; and Alexandre Affre, Director of Industrial Affairs at BusinessEurope. Photos