Three conditions to make Europe more competitive and stronger in the world

To have an investment-conducive regulatory environment; to remain open; and to strike the right balance between protecting our security and safeguarding our economy - these were the three major conditions cited by BusinessEurope President Fredrik Persson as essential to have a European economy that is more secure, competitive and resilient while maintaining a strong position and leadership globally. He spoke at an event on a strategic vision to strengthen Europe’s economic security and global leadership, organised by our member the Spanish Confederation of Business Organisations (CEOE) in Madrid, with the participation of Pedro Sánchez, acting Prime Minister of Spain.

"Increasing geopolitical tensions, the green and digital transformations, the fierce competition for natural resources and advanced technologies, and the difficulties to access skilled labour", Persson stated, "are some of the main challenges European companies currently face". These challenges can become opportunities, but we need to make the right strategic decisions now and we need to find solutions that are workable for business and the economy, he urged.

Read the President's speech here.