Restore Confidence and Grow Europe out of the Crisis !

Restore Confidence and Grow Europe out of the Crisis !

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Restore Confidence and Grow Europe out of the Crisis !

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Restore Confidence and Grow Europe out of
the Crisis !
PR Newswire
BRUSSELS, June 26, 2012
BRUSSELS
,
June 26, 2012
/PRNewswire/ --
European companies urge the 28-29 June European Council in
Brussels
to take
all the necessary decisions without further delay to restore confidence and put
Europe
back on track.
BUSINESSEUROPE President Jürgen R. Thumann said: "
Europe needs a much
stronger investment and competitiveness agenda. Policy makers simply cannot
continue to propose measures which increase costs for companies and lament
that we are last in the world league for growth.
"
In its 5 point plan entitled "Growing out of the Crisis" BUSINESSEUROPE
presents concrete measures to
safeguard the Euro,
improve public finances and speed up structural reforms,
promote private investment,
unleash the Single Market, and
expand EU external trade
This strategy will allow
Europe
to double its long-term annual growth rate from
1.25%
to 2.5%.
This would mean:
1.4 million new jobs created every year and full employment in
Europe
by 2020,
over €5000 extra annual income for an average household by 2020, and
an average additional reduction in the structural budget deficit in EU Member States of
5% by 2020.
No growth strategy can work without trust in the Euro. But
Europe
can leave
this crisis behind and emerge even stronger if policy makers recognize the
central role of enterprises in driving growth and jobs. They must also recognize
that recovery will only come if private investment is encouraged and facilitated
in areas like energy, infrastructure or the digital sector.
Note to the editor
BUSINESSEUROPE represents more than 20 million small, medium and large
companies employing some 120 million people in Europe. Active in European
affairs since 1958, BUSINESSEUROPE's members are 41 leading industrial and
employers' federations from 35 European countries. For the full list of
our members, please visit our website.
http://www.businesseurope.eu