20.03.2025 - "Companies in Europe and Germany are under considerable pressure. Increasing geopolitical uncertainties, disruptions in the international trade order, and enormous burdens caused by excessive bureaucratic obligations are severely hampering economic activities. EU heads of state and government must therefore send clear signals to strengthen conditions at Europe's business location, promote free trade, oppose protectionism, and support sound fiscal policies and sustainable public finances. The demands for a 'Buy-European' approach aimed at local value creation are unconvincing, as they restrict free trade and do not automatically lead to better location conditions. Instead, companies require less bureaucracy, faster approval procedures, and competitive energy prices."

Relevant in topic:

International Trade and Market Access

Key areas:

• Commerce
• Reducing Bureaucracy

This English version is provided for convenience only.
It has been translated with the assistance of AI.
No guarantee is made as to the accuracy or completeness of the translation.