New survey pains worrying picture of  business climate

Martin Banks
A heap of euro coins lie on the dry ground.

Belgium (Brussels Morning Newspaper), BusinessEurope has published the results of a new survey of companies across 21 European countries about their experiences with EU industrial permitting processes.

Between May and June 2023, BusinessEurope surveyed 240 companies across 21 European countries, with 35% of those being SMEs, about their experiences with EU permitting processes.

It said the results of the study confirmed its concerns that in “today’s very competitive global scene where speed is of strategic importance, long and complex industrial permitting hinders companies’ green and digital transformation and the EU’s global competitiveness.”

It says, for example, that around 60% of responding companies have to wait over a year and up to 6 years for a permitting approval; 83% find the complexity and duration of permits are an obstacle to investing in the EU.

They report challenges with public authorities – speed and lack of coordination – as well as complications and uncertainty around EU and national regulations.

A spokesman for the group said, “Our key competitors, like the US and China, face challenges in this area as well, but they have specific provisions like time limits to help address some of these difficulties. The EU has also taken steps in the right direction but more needs to be done. The EU industry needs its ‘license to transform’ at speed.”

The top three actions that survey respondents wanted to see taken to improve and speed up EU permitting were:

·         Time limits for the granting of permits by authorities (86%);

·         Increased communication between companies and authorities (82%);

·         Allowing an early start of projects/construction (79%)

Commenting on the results, BusinessEurope President Fredrik Persson said: “In today’s very competitive global scene, speed is of strategic importance. Long and complex industrial permitting is a bottleneck for companies’ green and digital transformations and the EU’s global competitiveness.

For 83% of the companies surveyed, the complexity and duration of permitting processes are an obstacle to investing in Europe. They report challenges with public authorities – speed and lack of coordination – as well as complications and uncertainty around EU and national regulations.”

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Brussels Morning is a daily online newspaper based in Belgium. BM publishes unique and independent coverage on international and European affairs. With a Europe-wide perspective, BM covers policies and politics of the EU, significant Member State developments, and looks at the international agenda with a European perspective.
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Martin Banks is an experienced British-born journalist who has been covering the EU beat (and much else besides) in Brussels since 2001. Previously, he had worked for many years in regional journalism in the UK and freelanced for national titles. He has a keen interest in foreign affairs and has closely followed the workings of the European Parliament and MEPs in particular for some years.