• Ibec sets out Future of Europe priorities to Brussels leaders
• Huge opportunities if EU reinvigorates Single Market project
• We need pragmatic reform, not a radical change of direction
Ibec last week launched our priorities for the Future of Europe in Brussels. As Brexit will change how the EU develops for years to come, now is the time to influence the direction.
Ireland's economic fortunes demand an outward-looking and dynamic EU, one focused on ongoing pragmatic reform. But now is not the time for a radical change of direction.
We need more cooperation in areas where there is a clear collective benefit, including completing the single market, digitalisation and global trade. But in areas such as taxation and labour market policy, individual governments should have autonomy.
For full details, read ‘Ireland in the EU: A dynamic future’ at our dedicated website here.
The Ibec launch at the European Parliament was addressed by some of the EU's most influential figures – the Chief Brexit Negotiator Michel Barnier, the President of the European Parliament, Antonio Tajani, and three EU Commissioners.
Ibec CEO, Danny McCoy, set out the following four key priorities:
- Unleash the potential of the Single Market: By completing the digital single market, the capital markets union and banking union, the EU can create massive new opportunities, advance growth and raise living standards across Europe.
- Lead the world in trade and investment: The EU should continue to pursue ambitious, balanced trade deals. This should include a comprehensive future trading relationship with the UK, as well as deeper trading and investment partnerships with the US, Canada and Japan.
- Embrace competitive taxation policy: We need dynamic, competitive markets across the EU to ensure companies, economies and member states can harness innovation and attract investment. Member states must maintain the power to choose tax strategies that best meet their economic needs.
- Respect member state competency on labour market issues: By keeping labour and social market policy at a member state level, national governments and policy makers can best consider local labour market realities, demographics and citizen’s needs.”