This article was the Topic of the Week in the KW 47 newsletter in 2025.

"Turning point in European economic policy – now!" That was the economy's appeal at this year's European Parliament of Enterprises (EPdU) . On 4 November, 700 entrepreneurs from across Europe convened in Brussels to act as Members of the European Parliament for one day. 

During three thematic sessions, a plenary session was simulated, including statements and votes on various topics. Eurochambres, the European association of chambers of commerce and industry, and its members organized the EPdU for the seventh time. As usual, the largest delegation of entrepreneurs came from Germany: Led by Peter Adrian, President of the German Chamber of Commerce and Industry, nearly 90 entrepreneurs participated. The contributions and votes made it clear that the course of economic policy urgently needs to change. 

Strengthening Europe's trade policy 

The EPdU participants called for more free trade agreements to facilitate the diversification of supply chains. 77 percent of the entrepreneurs reported additional supply chain bottlenecks due to geopolitical tensions. The majority do not feel sufficiently supported by the EU in mitigating geopolitical disadvantages, such as through new free trade agreements. 

Reducing barriers in the single market 

A functioning single market is crucial for Europe's economic growth, innovative strength, and competitiveness. However, more than four out of five companies in attendance stated that they cannot operate freely within the EU due to numerous barriers. Eighty-four percent of participants see a solution in more effectively sanctioning violations of single market regulations. 

No noticeable reduction in bureaucracy 

Despite the EU Commission's announced simplification agenda, bureaucracy remains extremely burdensome for businesses: 93 percent of companies confirmed that administrative effort has not decreased over the past year. Three-quarters of entrepreneurs, for example, consider the sustainability reporting requirements disproportionate: They do not see it as a suitable means to reconcile ecological responsibility and economic strength effectively. 

Burdens due to skills shortages and energy prices 

Companies face major challenges: For more than 80 percent, recruiting suitable specialists has become more difficult. In addition, high energy costs make it harder for 96 percent of businesses to reconcile competitiveness and sustainability investments. 

The voting results make it clear that the EU Commission's announced relief efforts have not yet reached everyday business operations. The appeal to EU policymakers to take the EPdU's vote seriously and implement the necessary changes is all the more urgent.