President Marcegaglia: ‘We must do our utmost to safeguard EU’s economic recovery’

“We should not make the mistake of easing up on reforms whilst growth is temporarily supported by a low oil price and a relatively low euro exchange. We’d pay for it sooner than later”, BUSINESSEUROPE President Emma Marcegaglia said today at the EU Tripartite Social Summit in Brussels. Less growth in emerging economies means that an export-led recovery will be harder to get. This makes it more important than ever to progress on confidence-boosting economic and fiscal reforms that can help “lock-in” the recovery, raise our potential growth rate and help us compete in a more challenging global trading environment, she added when presenting our Autumn Economic Outlook.