Friday, December 12, 2025
-0.8 C
Tallinn

German industry implores EU’s von der Leyen to boost competitiveness

Agency Report –

German industry associations on Thursday called on the European Union to pursue more business-friendly policies amid increasing competition from abroad, as European Commission President Ursula von der Leyen was in Berlin for talks with representatives.

“Competitiveness is at risk” in many parts of the bloc, the groups representing workers, manufacturers and traders said in a joint statement.

Von der Leyen promised relief, acknowledging that it was vital to fight for European competitiveness.

High energy prices, a shortage of skilled workers and excessive red tape are slowing down innovation and investment, according to German industry representatives.

The EU needs to come up with an agenda to improve competitiveness, they said, urging cuts to red tape in particular.

“Complex regulations and excessive reporting requirements must not be allowed to stifle the innovative and investment power of our companies.”

They said the EU’s Clean Industrial Deal should guarantee that energy remains affordable and reliably available even as demand rises.

They also called for the internal market to be strengthened as well as better conditions for skilled workers to move freely in the bloc.

Von der Leyen agreed with business representatives that the most important areas in need of addressing were bureaucracy, affordable energy, boosting the internal market, new trade agreements and relief for small and medium-sized enterprises.

“I am aware of how much the jumble of rules, reporting requirements and other obligations [in the EU] makes doing business difficult in the truest sense of the word,” von der Leyen said.

She said the commission was working with representatives and companies from various sectors to comb through EU legislation in order to remove barriers within the EU internal market.

Sourcedpa

Hot this week

Omokri, Yakubu, Fani-Kayode, Others Face Senate Screening for Ambassadorial Posts

ABUJA, Nigeria (Chatnewstv.com) — Several high-profile nominees, including prominent...

NFL returns to Munich for matches in 2026 and 2028

Agency Report - The National Football League (NFL) will return...

Nigeria’s World Bank Debt Projected to Hit $9.65 Billion Through 2025

LAGOS, Nigeria (Chatnewstv.com) — Nigeria's total borrowing from the...

American Citizens Convicted in U.S. Trial for Funding Cameroon Separatist Attacks

KANSAS CITY, Missouri, (Chatnewstv.com) Two U.S. citizens of Cameroonian...

Tinubu Orders Police Withdrawal from VIPs Amid Insecurity, Senate Protests Selective Enforcement

Abuja, Nigeria — President Bola Tinubu has ordered the...

Latest

Omokri, Yakubu, Fani-Kayode, Others Face Senate Screening for Ambassadorial Posts

ABUJA, Nigeria (Chatnewstv.com) — Several high-profile nominees, including prominent...

NFL returns to Munich for matches in 2026 and 2028

Agency Report - The National Football League (NFL) will return...

Nigeria’s World Bank Debt Projected to Hit $9.65 Billion Through 2025

LAGOS, Nigeria (Chatnewstv.com) — Nigeria's total borrowing from the...

American Citizens Convicted in U.S. Trial for Funding Cameroon Separatist Attacks

KANSAS CITY, Missouri, (Chatnewstv.com) Two U.S. citizens of Cameroonian...

Merz to Trump: Germany’s Migration ‘Course Correction’ Has Halved Asylum Seekers

BERLIN, GERMANY — German Chancellor Friedrich Merz is pushing...

More European companies set for stock launches in 2026

Agency Report - More German and European companies are expected...
spot_img

Related Articles

Popular Section

spot_imgspot_img

MORE FROM CHATNEWSTV

Nigeria’s World Bank Debt Projected to Hit $9.65 Billion Through 2025

LAGOS, Nigeria (Chatnewstv.com) — Nigeria's total borrowing from the World Bank is projected to reach $9.65 billion between 2023 and 2025, according to new...

Nigerian Tech CEO Replaces 100 Planned Hires with AI, Sparking Global Future-of-Work Debate

LAGOS, NIGERIA — A top Nigerian technology executive has ignited a fierce national debate on the future of work after revealing that his company...

More European companies set for stock launches in 2026

Agency Report - More German and European companies are expected to launch on the stock markets next year after a turbulent 2025. Martin Steinbach from consultancy...

ACG Heads of Operations Hold Routine Technical Meeting in Riyadh to Review Progress and Advance Ongoing Work

RIYADH, Saudi Arabia, December 9, 2025/ -- The Arab Coordination Group (ACG)  convened a periodic technical meeting of Heads of Operations on December 8–9,...

Turkey’s Paribu Buys $240 million Stake In Bahrain’s CoinMENA

ISTANBUL, Dec. 5, 2025  -- Türkiye's leading digital asset platform Paribu today announced that it has acquired CoinMENA, the largest local crypto exchange in...

UK, Germany Closer to Direct High-Speed Rail Link by Early 2030s

LONDON (Chatnewstv.com) — Direct high-speed rail travel between London and major German cities is a step closer to reality after Eurostar and Deutsche Bahn...

US, EU Vow Investment in Lobito Corridor to Bolster African Trade

WASHINGTON (Chatnewstv.com) — The United States and the European Commission on Thursday affirmed a joint commitment to inject investment into the Lobito Corridor infrastructure...

Finland Spares Domestic Aid Groups from Budget Cuts, Pledges €351 Million for Global Work

HELSINKI — The Finnish Ministry for Foreign Affairs announced a significant financial commitment to domestic aid organizations, awarding approximately €311 million to Finnish civil...

Estonia’s Latitude59 Opens in Nairobi, Forging European-African Tech Cooperation

NAIROBI, Kenya — Latitude59, Estonia's flagship startup and tech event, officially opened its third satellite edition in Nairobi today, launching a bold vision for...