"We strongly encourage China’s reforms towards giving the market a more decisive role and opening up its economy to the world", BusinessEurope President Pierre Gattaz said addressing the 3rd China-EU CEO and Former Senior Official’s Dialogue in Beijing, where he and Director General Markus J. Beyrer led a delegation on 25-26 November. There is a growing appreciation in Europe that the balance of challenges and opportunities in our bilateral relationship has shifted. To address this, the EU and China will have to cooperate more and better and build a level playing field on the basis of multilateral rules and reciprocal market access. "A fairer and more dynamic relationship between the EU and China would be enormously beneficial to the Chinese economy", Gattaz told Vice-Premier Hu Chunhua.
BusinessEurope and all its members proposed an agenda for the European Union in a new political cycle in 2019-2024. Prosperity, people and the planet – these are the three pillars for a successful Union that should be a source of inspiration for future political decisions. Speaking at a Parliamentary dinner on 13 November, BusinessEurope President Pierre Gattaz said: "European entrepreneurship has a unique feature. It feels responsible for and cares about prosperity, people and the planet. Companies have a central role to play. Achieving environmental and social goals largely depends on their success: without profitable companies, no inclusive growth, no jobs, no technological solutions to protect the environment." European businesses identified 30 priority areas for action by the EU in the coming five years. Read them here: www.euyourbusiness.eu - Photo Album
"The EU economy is experiencing an economic slowdown that reflects uncertainties due to trade tensions, and in the event of a downturn, EU member states should make use of the flexibility provided for in the Stability and Growth Pact to undertake appropriate counter-cyclical fiscal policy." This was the key message from BusinessEurope Director General Markus J. Beyrer at the Macroeconomic Dialogue meeting at political level on 7 November. The Macroeconomic Dialogue provides a forum for exchanging views between the European Commission, Council, European Central Bank and social partners. Beyrer also referred to BusinessEurope’s Autumn Economic Outlook released on the same day, noting that BusinessEurope forecasts 1.3% real GDP growth in 2019 for the EU28 and 1.2% in 2020 (down from 1.6% for 2019 and 1.7% for 2020 in our spring forecast).
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“A strong economy is key to build a fair and sustainable Europe”, BusinessEurope's President Pierre Gattaz said at the Tripartite Social Summit on 16 October in Brussels. The main topic of the summit was "Progressing on the social and economic dimensions for a competitive, fair and sustainable Europe: The role of social partners and social dialogue". President Gattaz added that “the economic outlook is deteriorating. It is more urgent than ever to put our economic house in order. European companies are delivering solutions to ensure prosperity, while taking care of people and the planet. But to fully play their role in society, they need a supportive environment”. Getting the social dimension right is crucial if the EU is to deliver for people. Important priorities in this respect are to better meet companies’ changing skills needs, and to ensure the sustainability of national social protection in Europe. Speech - Photos
European companies are at the forefront of delivering sustainable solutions that can ensure prosperity, while taking care of people and the planet. To fully play their role in society, they need a supportive environment. Strengthening of the European economy requires to mobilise four main drivers of our prosperity: pursuing policies favourable to innovation and investment in Europe, defending the achievements of our Single Market, continuing our efforts to further strengthen the Economic and Monetary Union and continuing with an ambitious and clear international trade policy - Read our message to the European Council. The European Council meeting will be a decisive moment regarding Brexit. No-deal Brexit is a recipe for disaster and must be avoided. We call on both sides to undertake all reasonable efforts to agree on feasible options that can ensure an orderly exit and rule out the disastrous scenario of no-deal Brexit. Read the letter
To contribute to the debate on a modern and more effective WTO, BusinessEurope published a paper illustrating the importance of trade in services for manufacturers. The paper includes nine real-life examples of individual companies showing the close interconnection between trade in goods and trade in services. "Trade in services and trade in goods are indissociable", President Pierre Gattaz said. "Through globalisation and technological innovation, services play a crucial role in manufacturing: services such as logistics are supporting global value chains, services such as software and design are an integral part of goods, and services such as customer care are supplied together with goods. A trade policy fit for the 21st century can no longer ignore this reality."