16 December 2015

  |  CBI Press Team

News

CBI comments ahead of EU Council

As the latest European Council begins in Brussels, Carolyn Fairbairn, CBI Director-General, reiterated the business organisation’s call for EU reform to deliver jobs and economic growth across all Member States in the years ahead.

CBI comments ahead of EU Council

Carolyn Fairbairn, CBI Director-General, said:

“This European Council meeting is rightly focusing on pressing big issues, like security, migration and Syria. At the same time, pushing forward the EU reform agenda is a real priority.

“Creating a Europe that is more outward-looking, open and competitive is fundamental to securing future prosperity and jobs across the Continent. That’s why the CBI has been working with our sister federations in recent years to help build momentum for reforms that can benefit every Member State.

“While there are many benefits to EU membership, especially access to a single market of 500 million people - we should not be blind to the downsides.

“There have been some very real signs of progress on reform, like significantly reducing the number of new regulations, but the burden on smaller firms in particular still needs to be resolved. And the UK must push to make the whole of the EU more competitive in the global economy and deliver a Single Market fit for the 21st century.”

That’s why the CBI is calling for reform that ensures the EU works better for business, this includes:

  • To be more outward-looking, opening up new trade opportunities for businesses and signing new trade deals, like the Transatlantic Trade & Investment Partnership 
  • To focus on driving openness and competitiveness, through exploiting its main strength – the Single Market and taking a better approach to regulation; 
  • To continue to work for all members and better respect the boundaries set by Member States, focusing on safeguards for non-Eurozone Member States and restoring the principle of subsidiarity.

For a business analysis of the latest progress on EU reform, click here

Read the CBI’s latest report on the UK’s future relationship with the EU