Fabian Demicoli

Business organisations demand competitiveness first

In a
joint statement ahead of the hearings of the commissioners-designated,
BUSINESSEUROPE, EUROCHAMBRES, EuroCommerce and UEAPME demand that the European
Union prioritizes competitiveness in any future policy initiative.

In their
paper "Competitiveness First", the four business organisations argue that
Europe's most urgent issues, such as creating jobs for the 25 million
unemployed, enabling young people to enter the labour market and making social
systems and public households sustainable can only be solved by improving
economic performance. To do so, Europe has to become more attractive for
private investment in the real economy and this requires an increase in
competitiveness. Therefore, competitiveness must come first, which requires a
coherent approach to EU policy making for the new term that covers all aspects
of competitiveness, as set out in the joint statement.

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