EU Slipping on Economic Competitiveness, Employers Say
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The European Union is being outpaced by the rest of the world on business conditions, a trend that hampers the economic recovery and limits future growth, according to a study from employers’ federation BusinessEurope.
“We need to significantly raise our game in order to make sure in 10, 15 years we will still have the place we want,” Markus Beyrer, the group’s director general, told reporters in Brussels on Monday.