Criticism of von der Leyen: EU Council President Michel sees Europe's competitiveness in danger | EUROtoday

Status: 01:03 am | Reading time: 2 minutes

MSeveral high European politicians are criticizing the financial document of EU Commission President Ursula von der Leyen. “We should have more trust in the economy,” mentioned EU Council President Charles Michel to WELT AM SONNTAG. “Our companies are burdened by too many regulations.” Michel is looking for a fast discount in paperwork. “The EU urgently needs less and smarter regulation,” he mentioned. “To promote the growth of companies and let them do what they do best: do business.”

Michel sees the EU's competitiveness underneath risk. “In recent years, the European internal market has been neglected,” he mentioned. “The result is that the gap between us and our partners in terms of growth, competitiveness and prosperity is growing.”

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During von der Leyen's time period in workplace, corporations usually complained about an excessive amount of regulation. The European provide chain regulation and the local weather tariff CBAM, a surcharge for items from international locations with lax environmental rules, induced significantly nice discontent. In addition, the enterprise neighborhood usually felt that it was not sufficiently concerned within the legislative course of.

“It is clear that emissions must be reduced, and quickly,” EU Commissioner Nicolas Schmit instructed WELT AM SONNTAG. “However, the development of the Green Deal would have benefited from more dialogue.” Brussels, mentioned Schmit, ought to contain corporations, unions and residents extra sooner or later. The Luxembourger was accountable for labor and social affairs underneath von der Leyen and is now operating because the Social Democrats' high candidate within the European elections.

Schmit additionally sees competitiveness in danger. The EU, he mentioned, is at risk of shedding the race with America and China for the applied sciences of the long run – similar to electrical vehicles, wind generators and synthetic intelligence. “The next Commission must create the conditions for European champions,” he demanded. “Airbus shows that Europe can do industrial policy.” The plane producer was as soon as created by Germany, France, Spain and Great Britain and is now profitable globally.