Who is ERT?
The European Round Table of Industrialists (ERT) is an informal forum bringing together around 45 chief executives and chairmen of major multinational companies of European parentage covering a wide range of industrial and technological sectors. Companies of ERT Members are widely situated across Europe, with sales to EU customers exceeding € 1,000 billion, thereby sustaining around 6.6 million jobs in the region.
What is the “ERT Vision for a Competitive Europe in 2025”?
This “ERT Vision for a Competitive Europe in 2025” is based on a visioning project conducted by the European Round Table of Industrialists (ERT) from April to November 2009 under the lead of the ERT Competitiveness Working Group. This visioning project involved ERT Members; strategy and business planning experts from ERT companies, and external stakeholders from the policy-making community and civil society. All ERT Working Groups were involved in developing the policy recommendations on the basis of the vision. The overall project relied on the contributions of more than 200 participants.
Why has ERT developed a “Vision for a Competitive Europe in 2025”?
ERT believes that Europe should remain an attractive place to live and work in 2025, deeply integrated into the global economy as a respected partner. Turning this vision into reality will require bold policy thinking and tough choices. Our vision is intended to help guide the EU’s policy choices in the next decade. To support this process, we make recommendations for policy actions that, if taken in the current period of office of the European Commission, would set the EU on the desired long term course.
Are the recommendations in the document all that the EU needs to do to reach the ERT Vision for 2025?
The ERT Vision makes recommendations for the next 5 years, the term of office of the new European Commission. Only if the suggested policy actions are taken will Europe be on the right track to ensuring that it remains an attractive place to live and work in the future. But to achieve that goal, further policy action will be necessary in the future. What that will need to be will depend on the progress made on these recommendations, and on the global situation at that time.