President Marcegaglia addresses European Business Summit

Speaking in the opening session of the European Business Summit attended by European Council President Tusk and Commission Vice-President Katainen, the President of BUSINESSEUROPE, Emma Marcegaglia explained what companies expected from the European Council and the European  Commission. "The modest economic recovery in the European Union should continue. However, several risks exist: reform fatigue in some European countries, the slowdown of China, the potential for renewed financial market instability, the upcoming UK referendum, as well as the migration crisis and the strain it is placing on the Schengen agreement. We urgently need a coherent global EU strategy, with a stronger economic pillar as well as real implementation of pro-competitiveness policies to boost investment, growth and employment in Europe. And we need to safeguard Schengen", Emma Marcegaglia said. Photos