BUSINESSEUROPE - The Confederation of European Business

03/18/2026 | News release | Distributed by Public on 03/19/2026 12:46

Tripartite Social Summit: Investment for a vibrant economy and quality jobs

Social policyEU social dialogue

President Fredrik Persson and DG Markus J. Beyrer, together with our members from Cyprus, Ireland and Lithuania, joined European Commission President Ursula von der Leyen, European Council President António Costa, Executive Vice-President Roxana Mînzatu, the President of the Republic of Cyprus Nikos Christodoulides, and EU social partners at the Tripartite Social Summit yesterday.

Amid growing geopolitical tensions, Persson stressed the need to act decisively. "The disruptions caused by the war in the Middle East, which come on top of the ongoing Russian war of aggression against Ukraine, make it even more imperative to get our house in order and boost Europe's competitiveness," he said.

European businesses urgently need relief in three key areas:

  • Regulatory burden
  • Energy costs
  • Skills & innovation

"We count on the European Council to translate the common ground identified in Alden Biesen into a concrete action plan with clear deadlines, for Europe's prosperity. Doing so is essential for Europe's security, and the quality jobs our citizens expect."

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