{"id":508835,"date":"2026-06-20T01:09:52","date_gmt":"2026-06-20T01:09:52","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/508835\/"},"modified":"2026-06-20T01:09:52","modified_gmt":"2026-06-20T01:09:52","slug":"execs-are-warning-that-eu-overregulation-is-constraining-business","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/508835\/","title":{"rendered":"Execs are warning that EU overregulation is constraining business"},"content":{"rendered":"<p>EU overregulation is constraining business, a steel magnate and a Gulf sovereign wealth chief warned. <\/p>\n<p>ArcelorMittal\u2019s executive chairman wrote in the Financial Times that emissions trading rules <a href=\"https:\/\/www.ft.com\/content\/59ea85a0-355e-4f5c-a3d4-5c3c9df27892?syn-25a6b1a6=1\" class=\"_linkEmbed_1pt7l_31\" rel=\"noopener nofollow\" target=\"_blank\">hurt energy-intensive industries<\/a>, while the governor of Saudi Arabia\u2019s Public Investment Fund said the regulatory environment <a href=\"https:\/\/www.ft.com\/content\/35e079fa-04d7-44ae-9567-a595353f05aa?syn-25a6b1a6=1\" class=\"_linkEmbed_1pt7l_31\" rel=\"noopener nofollow\" target=\"_blank\">prevented international investors<\/a> from pouring more capital in the bloc. <\/p>\n<p>Neither figure is impartial, but they echo a 2024 report by <a href=\"https:\/\/commission.europa.eu\/topics\/competitiveness\/draghi-report_en\" class=\"_linkEmbed_1pt7l_31\" rel=\"noopener nofollow\" target=\"_blank\">former ECB President Mario Draghi<\/a> that called for Europe to slash legislative restrictions on business. <\/p>\n<p>Foreign direct investment into the EU <a href=\"https:\/\/www.ey.com\/en_gl\/foreign-direct-investment-surveys\/ey-europe-attractiveness-survey\" class=\"_linkEmbed_1pt7l_31\" rel=\"noopener nofollow\" target=\"_blank\">fell 7% in 2025<\/a>, EY analysis found, with a growing share of companies identifying overregulation as a risk to business. Brussels appears to be adding rather than removing layers, <a href=\"https:\/\/www.mayerbrown.com\/en\/insights\/publications\/2026\/03\/shaping-investments-into-eu-strategic-sectors-the-fdi-screening-reform-and-the-industrial-accelerator-act\" class=\"_linkEmbed_1pt7l_31\" rel=\"noopener nofollow\" target=\"_blank\">tightening screening of foreign direct investment<\/a> in March.<\/p>\n<p><img src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/06\/8ae30d3474bd36fdaca8033fda01ab2b3e5af729-2132x2140.png\"  alt=\"Chart showing EU annual GDP growth since 2004\" width=\"740\" height=\"742\" decoding=\"async\" loading=\"lazy\" fetchpriority=\"high\" class=\"_imageEmbed_glfao_40 _fullContentArea_glfao_44\" style=\"max-width:100%;color:transparent\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"EU overregulation is constraining business, a steel magnate and a Gulf sovereign wealth chief warned. ArcelorMittal\u2019s executive chairman&hellip;\n","protected":false},"author":2,"featured_media":508836,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,113,61,60],"class_list":["post-508835","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/508835","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=508835"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/508835\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/508836"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=508835"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=508835"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=508835"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}