The IMF has issued its latest six-monthly World Economic Outlook, which again marked a continued shift towards protectionism in advanced economies.
As this and other recent reports – and the direct experience of retailers, wholesalers and traders – show, there is a continued move away from open trading policies. In our view, the accelerating trend of countries looking to short-term measures to protect a particular sector ignores the long-term damage, not only to the wider economy, but also the long-term cost to themselves in lost competitiveness and economic health. A free global market and an open EU Single Market aim to allow consumers and businesses access to the goods and services they want to buy. Protectionism is essentially about the state making decisions which close off choices for ordinary people and companies.
Speaking today in response to the Commission’s conclusion of its in-depth investigation initiated in September 2016 against the Polish retail tax, EuroCommerce Director-General, Christian Verschueren, said:
“The Commission’s conclusion that the Polish retail tax is unlawful state aid gives a very welcome and clear signal to Member States on what is considered discriminatory or not. To ensure fair competition in the internal market, taxes and fees should be non-discriminatory, proportionate and justified.”
- 26 June 2017Read more
Online retail in Europe is growing exponentially, particularly in Southern Europe. This is one of the many interesting findings of the European Ecommerce Report 2017. Today, Ecommerce Europe, EuroCommerce and the Ecommerce Foundation jointly presented this report in Brussels. The report shows ecommerce trends, facts and figures, and offers insights into each of the European ecommerce markets.
- 21 June 2017Read more
Following the announcement by Commissioner Hogan at the European Parliament Agriculture committee yesterday of the launch of a process leading to proposals on trading practices, EuroCommerce Director-General Christian Verschueren posed a number of questions on the continued calls from some for legislation, and the Commission decision to take the first steps towards proposing EU measures.
EuroCommerce Narrative on Retail and Wholesale in a changing world…
The world is changing rapidly. Retailers and wholesalers have repeatedly shown how resilient and adaptive they are, and are moving ahead with embracing this change, providing value to customers, suppliers, and society at large. This great story is worth telling – both to the sector and to the wider world. And the story needs to say clearly what we want from the EU and from national governments to make our sector sustainably competitive.
- 19 June 2017Read more
With the European Parliament’s agriculture committee and representatives from three EU member states discussing trading practices in the food supply chain, EuroCommerce Director -General Christian Verschueren warned that the constant focus on EU legislation is addressing the wrong target, will do nothing to help farmers and only harm consumers.
- 31 May 2017Read more
As part of the Circular Economy measures planned for this year, the European Commission is currently drafting an EU Plastics Strategy. With the use of plastics in the EU growing steadily, less than 25% of collected plastic waste being recycled and about 50% going to landfill, the challenges are evident.