EU Business Faces Labour and Skills Shortages

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Photo by Kumpan Electric on Unsplash Companies throughout Europe are facing growing labour and skills shortages, it has emerged. The issue was highlighted by BusinessEurope, the organisation that represents the business community in Europe. The Brussels based group published the results of a new survey of European companies which, it says, “underscores the skills and recruitment challenges that…

Alarming Rate of Increase in Bankruptcies

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Photo by Nick Bolton on Unsplash New data shows that the number of bankruptcy declarations among businesses in the EU increased substantially in the fourth quarter of 2022. They were up by a huge 26.8% compared with the previous quarter and reached the highest levels since the start of the data collection in 2015.  The number of bankruptcy declarations…

BusinessEurope SME Roadshow

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Photo by Prateek Katyal on Unsplash The BusinessEurope SME Roadshow kicked off today in Finland’s capital city, Helsinki. Finland is the first stop in a series of events across the EU to highlight the role of small and medium-sized enterprises (SMEs) in getting out of the crisis mode in Europe. The event was organised by BusinessEurope together with its…

EU Standardisation Strategy

The European Commission has presented its standardisation strategy. It stresses the importance of standardisation for global competitiveness and supports policies aimed at better anticipating and defining the European standardisation priorities. Reaction came from BusinessEurope Director General Markus J. Beyrer. Beyrer said, “We must consolidate a strong European Standardisation System and improve and speed up standardisation processes which…

Beyrer Comments on EU Tax Proposals

Cut Taxes

The European Commission has presented its communication on own resources and directives on a minimum corporate tax and fighting shell entities. Reaction came from BusinessEurope Director General Markus J. Beyrer who said: “It is important that the EU has a stable funding source through its own resources. The best way to ensure we are able…

Better Impact Assessments Needed for EU Regulations on SMEs

SMEs

This week, the SME Assembly 2021 was held in Portoroz, Slovenia together with the Slovenian Presidency of the EU. Reacting to the event, Pierre Gattaz, BusinessEurope President, said: “Considerable efforts by governments, businesses and citizens have enabled a strong recovery in Europe. However, the situation remains fragile and SMEs are very much exposed. We therefore need a…

EU Public Procurement

BusinessEurope has published its position paper on the adoption of an International Procurement Instrument (IPI) by the EU.  Public procurement is an important engine for economic growth, with over 250.000 public authorities in the EU purchasing goods, services, works and supplies, amounting to around EUR 2 trillion every year, accounting for approximately 14% of the…

European Economic Recovery Plan Tabled

BusinessEurope has tabled its proposals for a European economic recovery plan. It says that despite the extraordinary efforts of governments and the EU Institutions to support businesses and workers through the crisis, Europe’s economic and political environment as we gradually exit from the severe restrictions placed on economic activity is likely to look significantly different…