Companies urgently need a game changing EU solution on energy and effective policies to improve competitiveness

Today, the Presidents of BusinessEurope’s 40 member federations gathered in Stockholm at the invitation of the Confederation of Swedish Enterprise. They presented their priorities for the future Swedish Presidency of the Council of the European Union to Prime Minister Ulf Kristersson and Minister for European Affairs Jessika Roswall. They also discussed how the EU should support industry during the energy crisis while preserving the Single Market with Commissioner Thierry Breton.

BusinessEurope President Fredrik Persson said:

“European companies urgently need emergency measures on energy and regulatory breathing space. The current crisis is dramatically exacerbating the risks of Europe’s deindustrialisation. We need a game-changing solution at EU level to mitigate skyrocketing energy prices, such as urgently considering a temporary decoupling of electricity prices from gas prices. Moreover, the Swedish Presidency must join forces with the Commission and the European Parliament to ease the legislative burdens for companies, for example by ensuring that the future EU rules on due diligence are manageable for larger companies and bearable for SMEs.”