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Survey: EU regulation needed to reshore European businesses

A new survey finds that business leaders would consider bringing some parts of their businesses back to Europe if the EU reformed to become more competitive

A new survey finds that business leaders would consider bringing some parts of their businesses back to Europe if the EU reformed to become more competitive. In a new survey conducted by CBI, a UK-based lobbying group for businesses, senior leaders of firms also called for political action to increase labor market flexibility and ensure that the boundaries between the European Commission and national parliaments are “better respected.”

Research agency Millward Brown, on behalf of CBI, surveyed more than 50 senior business leaders in the UK, Germany, France, Italy and the Netherlands who collectively employ over a million workers and generate billions of dollars in annual revenues. The survey revealed that 60 percent say that EU reform and better regulation would lead them to reshoring their businesses, adding much more can be done to bump up that trend.

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Alexis Harrison

Alexis Harrison is a Connecticut-based writer and public relations professional whose career spans both print journalism and broadcast news. Alexis started her professional life as...

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