CEOs say no to Brussels

Jun 05 2005 by Brian Amble Print This Article

The majority of FTSE100 chief executives believe that the European Commission has become far too powerful and that no further powers should be transferred to Brussels, according to a poll by The Sunday Telegraph.

An overwhelming 16 of the 17 CEOs surveyed were opposed to increasing the power of the Commission. Only one - who wished to remain anonymous - believed that member states should cede more powers to the Commission.

Seven of the 17 also said that the UK Government should rule out joining the euro "for ever". These included executives from a major high street retailer and a leading telecoms company.

Sunday Telegraph | Brussels 'is not capable of exercising powers', say CEOs