Wednesday

17th Jul 2019

Magazine

What is European Business?

  • EUobserver's first edition Business in Europe magazine looks at the business in the EU context. (Photo: Christophe Benoit)

European Business is not one single entity. It is composed of big companies such as Vodafone, BP, Unilever, Siemens and L'Oreal as well as 23 million more or less unknown small companies.

Small and medium-sized enterprises (SMEs) are often referred to as the backbone of the European economy. They represent around 99 % of all enterprises in the EU and the latest figures released from Eurostat show that 9 out of 10 enterprises in the EU employed fewer than 10 people.

Read and decide

Join EUobserver today

Support quality EU news

Get instant access to all articles — and 18 year's of archives. 30 days free trial.

... or join as a group

  • Print versions of the magazine may be purchased for €4.75 per copy. You may request a print copy of the magazine by emailing subscriptions@euobserver.com (Photo: EUobserver)

Whatever is making Brussels busy is of interest to these businesses.

For example, integrating the one million refugees who arrived in Europe in 2015 is only possible in co-operation with the continent's companies.

The malfunctioning Schengen area and re-introdution of border controls in Europe make business more complicated.

Also, massive document leaks like LuxLeaks and the Panama Papers surely affect business and may lead to new tax regimes.

This might be good news for small companies. They do not benefit from current cross-border tax-avoidance schemes, but they need to compete with multinationals, some of which get away with paying less than 1 percent tax on their profits.

In the UK, business has played a key role in funding both the Leave and Remain campaigns for the EU referendum.

There is simply a business angle to every topic that Brussels has to deal with.

This story was originally published in EUobserver's 2016 Business in Europe Magazine.

Click here to access EUobserver's entire magazine collection.

Magazine

Nord Stream 2: Business unusual

Neither sanctions, EU law nor politics can stop the Nord Stream 2 gas pipeline from being built, its small army of European lobbyists has said.

Tax breaks for the big hit the smallest

Tax breaks awarded to multinationals like Apple and Starbucks in Luxembourg allow their businesses to prosper, often at the expense of Europe's 23 million smaller firms.

Magazine

The Business of Nature

The European Commission plans to unveil a new bioeconomy strategy on Thursday. EUobserver's third edition of Business magazine looked at the many aspects of the bioeconomy – the parts of the economy that use renewable biological resources.

Stakeholders' Highlights

  1. UNESDAUNESDA reduces added sugars 11.9% between 2015-2017
  2. International Partnership for Human RightsEU-Uzbekistan Human Rights Dialogue: EU to raise key fundamental rights issues
  3. Nordic Council of MinistersNo evidence that social media are harmful to young people
  4. Nordic Council of MinistersCanada to host the joint Nordic cultural initiative 2021
  5. Vote for the EU Sutainable Energy AwardsCast your vote for your favourite EUSEW Award finalist. You choose the winner of 2019 Citizen’s Award.
  6. Nordic Council of MinistersEducation gets refugees into work
  7. Counter BalanceSign the petition to help reform the EU’s Bank
  8. UNICEFChild rights organisations encourage candidates for EU elections to become Child Rights Champions
  9. UNESDAUNESDA Outlines 2019-2024 Aspirations: Sustainability, Responsibility, Competitiveness
  10. Counter BalanceRecord citizens’ input to EU bank’s consultation calls on EIB to abandon fossil fuels
  11. International Partnership for Human RightsAnnual EU-Turkmenistan Human Rights Dialogue takes place in Ashgabat
  12. Nordic Council of MinistersNew campaign: spot, capture and share Traces of North

Latest News

  1. PiS & Fidesz claim credit for von der Leyen victory
  2. Von der Leyen faces gender battle for commission posts
  3. EU proposes yearly rule-of-law 'reviews'
  4. Poland 'optimistic' despite new EU law checks
  5. What did we learn from the von der Leyen vote?
  6. Is Golden Dawn's MEP head of a criminal organisation?
  7. Finland rejects call to end sponsorship of EU presidency
  8. MH17 five years on: when will Russia be punished?

Join EUobserver

Support quality EU news

Join us