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Following the President's State of the Union Address and ahead of October and November European Council meetings, the topics covered in the meeting included progress towards the banking union, a genuine economic and monetary union, and the upcoming new multiannual financial framework.
The President singled out important pro-growth initiatives of the Commission and urged the business representatives to take part in the fight against youth unemployment, in particular by improving education-to-work transitions. They also discussed the Single Market Act II and the industrial policy communication – two key proposals recently tabled by the Commission.
Companies represented at the meeting included for example Accenture, Alstom, Arcelor Mittal, Areva, Bayer, BASF, Bosch, Caterpillar, GDF Suez, General Electric, IBM, KLM, Pfizer, Solvay, UPS, and Schindler.