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Berlin rejects Putin’s push for Schroeder as Ukraine peace envoy

Berlin rejects Putin’s push for Schroeder as Ukraine peace envoy Berlin rejects Putin’s push for Schroeder as Ukraine peace envoy
  Germany has dismissed Russian President Vladimir Putin’s suggestion that former Chancellor Gerhard Schroeder could help broker future...
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Belgium turns to Queen Mathilde for high-stakes trade mission to Turkey

Belgium turns to Queen Mathilde for high-stakes trade mission to Turkey Belgium turns to Queen Mathilde for high-stakes trade mission to Turkey
Queen Mathilde will lead Belgium’s upcoming trade mission to Turkey, stepping into a role long held by Princess Astrid as the country seeks...
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EU approves €325 million recovery fund payment for Austria

EU approves €325 million recovery fund payment for Austria EU approves €325 million recovery fund payment for Austria
  The European Commission has approved Austria’s fourth payment request under the EU’s Recovery and Resilience Facility, clearing the...
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EU temporary protection for Ukrainians falls to 4.33 million in March

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  The number of Ukrainians and other non-EU citizens under temporary protection in the European Union fell to 4.33 million at the end of...
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Europeans see EU as anchor of stability amid global turmoil, new survey finds

Europeans see EU as anchor of stability amid global turmoil, new survey finds Europeans see EU as anchor of stability amid global turmoil, new survey finds
Nearly three out of four Europeans believe their country has benefited from membership in the European Union, according to the latest Eurobarometer...
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Swiss middle class feels growing financial pressure, new data shows

Swiss middle class feels growing financial pressure, new data shows Swiss middle class feels growing financial pressure, new data shows
  Financial insecurity is spreading across Switzerland’s middle class, with many households struggling to absorb unexpected expenses...
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EU’s Lahbib visits Beirut as humanitarian crisis deepens in Lebanon

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  European Commissioner for Crisis Management Hadja Lahbib visited Beirut on Friday to assess humanitarian operations and reaffirm the...
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EU migration pact nears launch as Brussels urges faster action from member states

EU migration pact nears launch as Brussels urges faster action from member states EU migration pact nears launch as Brussels urges faster action from member states
  The European Commission says EU countries have made strong progress in preparing for the launch of the Pact on Migration and Asylum,...
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EU industrial gas prices retreat as market stability ends year-long plateau

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  After a year of stubborn price plateaus, the European energy landscape is showing signs of a cool-down. New data reveals that average...
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Latest News

Berlin rejects Putin’s push for Schroeder as Ukraine peace envoy

Berlin rejects Putin’s push for Schroeder as Ukraine peace envoy Berlin rejects Putin’s push for Schroeder as Ukraine peace envoy
  Germany has dismissed Russian President Vladimir Putin’s suggestion that former Chancellor Gerhard Schroeder could help broker future...
Read More...

Belgium turns to Queen Mathilde for high-stakes trade mission to Turkey

Belgium turns to Queen Mathilde for high-stakes trade mission to Turkey Belgium turns to Queen Mathilde for high-stakes trade mission to Turkey
Queen Mathilde will lead Belgium’s upcoming trade mission to Turkey, stepping into a role long held by Princess Astrid as the country seeks...
Read More...

EU approves €325 million recovery fund payment for Austria

EU approves €325 million recovery fund payment for Austria EU approves €325 million recovery fund payment for Austria
  The European Commission has approved Austria’s fourth payment request under the EU’s Recovery and Resilience Facility, clearing the...
Read More...

EU temporary protection for Ukrainians falls to 4.33 million in March

EU temporary protection for Ukrainians falls to 4.33 million in March EU temporary protection for Ukrainians falls to 4.33 million in March
  The number of Ukrainians and other non-EU citizens under temporary protection in the European Union fell to 4.33 million at the end of...
Read More...

Europeans see EU as anchor of stability amid global turmoil, new survey finds

Europeans see EU as anchor of stability amid global turmoil, new survey finds Europeans see EU as anchor of stability amid global turmoil, new survey finds
Nearly three out of four Europeans believe their country has benefited from membership in the European Union, according to the latest Eurobarometer...
Read More...

Swiss middle class feels growing financial pressure, new data shows

Swiss middle class feels growing financial pressure, new data shows Swiss middle class feels growing financial pressure, new data shows
  Financial insecurity is spreading across Switzerland’s middle class, with many households struggling to absorb unexpected expenses...
Read More...

EU’s Lahbib visits Beirut as humanitarian crisis deepens in Lebanon

EU’s Lahbib visits Beirut as humanitarian crisis deepens in Lebanon EU’s Lahbib visits Beirut as humanitarian crisis deepens in Lebanon
  European Commissioner for Crisis Management Hadja Lahbib visited Beirut on Friday to assess humanitarian operations and reaffirm the...
Read More...

EU migration pact nears launch as Brussels urges faster action from member states

EU migration pact nears launch as Brussels urges faster action from member states EU migration pact nears launch as Brussels urges faster action from member states
  The European Commission says EU countries have made strong progress in preparing for the launch of the Pact on Migration and Asylum,...
Read More...

EU industrial gas prices retreat as market stability ends year-long plateau

EU industrial gas prices retreat as market stability ends year-long plateau EU industrial gas prices retreat as market stability ends year-long plateau
  After a year of stubborn price plateaus, the European energy landscape is showing signs of a cool-down. New data reveals that average...
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It's not often German big business openly dabbles in politics, but many companies are urging their employees to reject eurosceptics and right-wing populists in May 26 European

Parliament elections.

From Volkswagen to Eon and Thyssenkrupp, Germany's corporate titans have become unusually engaged in defence of an open Europe, a position that is in their own strategic interest.

"Vote for Europe on 26.5. -- it's about freedom, it's about prosperity, it's about our Europe," read a huge poster in downtown Munich unveiled Monday by Bavarian industry federation VBW.

It was the latest such initiative after the VCI chemical industry association recently launched a "Ja zu Europa" ("Yes to Europe") campaign.

Alarmed by projections that see the far-right garnering at least one in five votes in the polls, the head of the German Employers' Confederation, "boss of bosses" Ingo Kramer, in February warned of the "serious" threat extremist forces pose to the European project.

"I ask all German companies to clearly show their colours," he wrote, cautioning that "anti-Europeans from the left and the right" could end up obstructing the European Parliament.

Hubertus Bardt, head of the IW economic research institute, said that "never before have I seen so many companies publicly call for people to go and vote".

"Businesses are realising the importance of European integration," he told AFP.

- Open markets, free trade -

Most of the initiatives have come from large export-driven corporations that "are among the biggest beneficiaries of the European single market," said Alexander Kritikos from the German Institute for Economic Research (DIW).

The rest of the European Union accounted for 780 billion euros ($870 billion) worth of German exports last year, its biggest market.

"Developments such as Brexit, increasing populism, euroscepticism and nationalism pose an enormous economic risk, especially for companies of this size," said Andrea Roemmele of the Hertie School of Governance.

She said big business profits from the European single market and favours a strong EU that can assert economic interests on the world stage, while "nationalist efforts, such as those we see in the USA under President Trump, mean declining revenues".

Among other German business players, the Central Association of German Trade has published a "Yes to Europe" leaflet, while Ruhr industrial region giants Thyssenkrupp, RWE, Eon and Evonik will also encourage their employees to vote. 

Thyssenkrupp boss Guido Kerkhoff told local media last month that "we need to better explain why we need open markets and free trade to succeed, not a withdrawal into our national shells".

Volkswagen will also issue a "clear call for a vote", its human resources chief Gunnar Kilian said earlier this year, stressing that "for European unity, for our common values, for peaceful cooperation ... our democracy needs every voice".

- Brand image boost -

Kritikos said the Brexit drama had driven home the point in the remaining 27 EU states that "it would be fatal for businesses if the single market were to break up".

Beyond the issue of maintaining open trade, a company taking a clear political stance can also boost its image as a responsible corporate citizen, experts say.

In another initiative, around 50 family-run enterprises recently launched a campaign against racism and xenophobia called "Made in Germany - Made by Diversity".

"Consumers are becoming increasingly critical and are consuming not only according to economic but also social and political criteria," said Roemmele.

Citizens with pro-European views, she added, "tend to be well educated and have strong purchasing power".

On the other hand, such campaigns can further alienate those employees already drawn to far-right ideas, as populist political groups are seeking influence in works councils, particularly among several car manufacturers. 

"Companies must be careful not to fuel partisan conflicts in their factories," warned Bardt.

He pointed out that the corporate initiatives do not tend to mention any of the far-right parties by name, and said that the best way to combat extremist parties is high voter turnout. AFP

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