Europe

BDI/BDA Brussels Update

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Brussels Update appears monthly and informs you about important issues of EU economic policy.

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Europe

Excellent relations at international level, above all in the European Union, are essential to German industry. In this context, the realisation of the European single market is of key importance. After the signing of the Treaties of Rome on the establishment of the European Economic Community in 1958, the BDI was one of the first business associations to open a liaison office in Brussels. In Brussels and Berlin, the BDI actively advocates a strong, internationally competitive German industry. Completion of the EU domestic market and better lawmaking remain important priorities.

Before any legislation is passed in Brussels it must be scrutinised in terms of its consequences for the domestic market and the ability of European industry to compete globally. In recent years, industry has all too often been adversely affected, for example by unreasonable environmental, climate or consumer protection initiatives. The BDI is working toward a modernised growth and job strategy in Europe. The onus is on the EU and its Member States to implement a post-Lisbon strategy in a way that is efficient and transparent without overloading the agenda.

Industrial Policy

 ,  Europe needs a strong and internationally competitive industrial base. An integrated EU industrial policy has to set the right framework.

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Economic and Financial Policy

 , ©BDI Europe needs a strong and internationally competitive industrial base. The EU can provide an attractive framework by cost-effective budgeting and by gearing financial policy to stability.

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Internal Market

 ,  Completion of the EU internal market is a long-haul task. A smoothly functioning EU internal market is rightly recognised as a contribution to the growth and jobs strategy. A fully functioning EU market is of particularly great importance for the German economy.

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Institutional Framework

 ,   Once all 27 EU member states had ratified the Lisbon treaty on institutional reform, it entered into force on 1 December 2009.

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