The French MEDEF and two German employers' organizations, the BDI (Industry-Confederation of German industry) and the BDA (Confederation of associations of German employers), who met July 18 in Berlin to examine the state of the reforms to be engaged or continue in the two countries, signed a Joint Declaration in favour of a"more effective Europe". (Ref. 06766)
According to the three organizations, in order to build a “more effective” Europe, it is necessary to carry out necessary and urgent reforms. Consequently, they ask their governments to reduce administrative constraints, wage taxation and costs “which are too much of a burden on companies”. According to the declaration, the economy cannot go better and the social security systems cannot be balanced “without simplifying and softening the regulations, and especially labour markets”. The organizat
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