A well-functioning EU that sets the right course for its future development are crucial for Sweden’s continued prosperity. Growth, trade and jobs are all directly dependent on which path the EU chooses to follow. A competitive Europe is also the best way to face a challenging global environment. Sweden needs to be a driving force behind ensuring that the EU has the right focus and makes building a strong single market and a competitive EU a top priority.
Let Sweden’s Presidency of the EU in 2023 act as a launch pad to translate such ambitions into action.Priorities for the Presidency
The US Inflation Reduction Act (IRA) can lead to a sharp fall in the cost of producing clean energy products in the US. This will create new opportunities for EU businesses, but competition will be distorted due to protectionist elements in the IRA.
At its meeting on 23-24 March, the European Council will deal with the issue of European competitiveness. The chairman of the Swedish Confederation of Business, Jacob Wallenberg, writes about the reforms required to reverse Europe’s long-term economic development.
The 7th of March the Confederation of Swedish Enterprise hosted a seminar together with the Swedish EU Presidency. Long term competitiveness with a focus on “a compass for competitiveness” was the topic of the seminar.
The Council of Ministers reached a general approach on the revised Industrial Emissions Directive the 16th of March.
Swedish Enterprise welcomes the EU Commission’s proposal for a new regulation on packaging and packaging waste. Future regulation should encourage the adoption of alternatives that contribute to the best overall climate and environmental benefits.