Europeโ€™s Competitive Future: Innovation, Investment, and Empowerment [Promoted content]

The key to unlocking Europeโ€™s potential lies in harnessing new technology to revitalise the economy, and in empowering citizens and SMEs.
The post Europe’s Competitive Future: Innovation, Investment, and Empowerment appeared first on Euractiv.

Reconciling Privacy and Innovation: The Path Forward on AI in the EU [Promoted content]

In an era defined by rapid technological advancement, Europe finds itself at the epicenter of a critical debate: how to protect fundamental rights while fostering the innovation that drives our digital society?
The post Reconciling Privacy and Innovati…

Seizing Europeโ€™s Industrial and Decarbonised Future [Promoted content]

The renewal of European institutions offers a unique chance to advance industrial growth, decarbonisation, and innovation. Implementing the Draghi Report’s recommendations can secure Europeโ€™s competitiveness, economic security, and decarbonised future.

Von der Leyen is creating a task force to turn Draghi report into reality

European Commission team could sit within secretariat-general.

Seizing Europeโ€™s industrial and decarbonized future

Implementing the Draghi report’s recommendations can secure Europeโ€™s competitiveness, economic security and decarbonized future

Align pharma reform with EUโ€™s competitiveness focus, says Roche pharma chief

Europeโ€™s global research decline will be 25% by 2030, down from 37% in 2010. The pharmaceutical sector says Europe canโ€™t afford to delay; citing the cost of inaction they are urging EU action now.

New rules to build corporate giants wonโ€™t reverse EU decline, officials say

Europe’s competition enforcers are alarmed by talk of changing merger rules to allow big firms in key industries.

โ€˜Bitter medicineโ€™: Why some EU officials quietly yearn for Trump

Europeans may not like Donald Trump, but officials from several countries said his reelection could spur change in the bloc โ€” namely on defense.

Business groups pitch โ€˜profoundโ€™ change in EU trade and industrial policy to shore up competitiveness

โ€œThe EU cannot win a subsidy race with the US and China,โ€ the groups says, as the EU currently โ€œlacks the fiscal firepower to outspend its global competitors.โ€

Overcoming the barriers to Europeโ€™s leadership in medical innovation

Over the years, Europe’s share of global medicine R&D investments has dropped. However, with the new EU mandate, there is a chance to turn this around

Securing Europeโ€™s future with a transatlantic energy alliance [Promoted content]

For Europe to maintain a stable energy supply and remain competitive whilst continuing to strive for net neutrality by 2050, it must further strengthen its transatlantic energy architecture. Best-in-class LNG will be central to this.

The EU should rethink work beyond competitiveness

In both the Draghi report and von der Leyen’s mission letter to Roxana Mรฎnzatu there is a strong focus on promoting productivity, competitiveness and, ultimately, economic growth – the โ€œholy grailโ€ of every economy. But if this is really our only under…

European Commission maps out โ€˜power grabโ€™ over โ‚ฌ1.2 trillion money pot

The Commission floated merging 530 programs into one national cash pot.

Digital Fairness Checked, Council on cloud certification schemes

The Commission’s report on digital fairness was released, showing areas of reform in consumer protection law, while the Council called on ENISA to increase transparency for cloud certification schemes.

You could kill the EU, says France. No, you could, Germany replies.

Macron and Scholz clash again over how to counter protectionist America and Chinese power.

7 ways the US is beating Europe

Scan the economic data and it’s easy to see why Europeans have reason to look on with envy at their friends across the Atlantic.

Draghi report on Europeโ€™s competitiveness falls short

While well-received in Brussels, the question of what exactly the common debt should finance, and how it would foster innovation, has been sidelined.

Common debt not โ€˜essentialโ€™ for EU competitiveness, says Draghi

The regular issuance of common EU debt along the lines of the blocโ€™s โ‚ฌ806.9 billion pandemic recovery fund is not โ€œessentialโ€ for Europe to remain competitive with China and the US, Mario Draghi said on Monday (30 September).

What the new EU leadership means for connectivity

From the Draghi report to Ursula von der Leyenโ€™s new College of Commissioners: the telecom sector is now a key ally in delivering on the promise of more competitiveness.

Private equity outperforming public markets, key to EU competitiveness agenda success [Advocacy Lab Content]

The Draghi Report on European Competitiveness underlined the urgent need for the EU to close the competitiveness gap with other regions. Central to this ambition is leveraging private capital to help secure Europeโ€™s future economic strength.

Italyโ€™s Urso on 2035 zero CO2 emissions quest to get support for early review of cars rules

Italyโ€™s Minister for Enterprises Adolfo Urso will seek a broad alliance with other industry ministers on Thursday (26 September) to move the review of EUโ€™s Co2 reduction targets for cars forward but shield the blocโ€™s 2035 zero-Co2 emissions goal – as l…

Twenty EU countries to call for single market push after Letta, Draghi โ€˜sidelinedโ€™ integration goals

Ahead of a meeting of industry ministers in Brussels on Thursday (26 September), twenty EU countries signed an initiative to remove single market barriers, an effort they feel has received too little attention by the recent reports by Enrico Letta and …

Building a future-proof regulatory system

Simpler, faster, better โ€“ let’s not miss the opportunity to revamp the EU pharmaceutical regulatory framework to transform lives.

Europeโ€™s financial ambitions slam into German opposition

Olaf Scholz’s hostility to UniCredit’s swoop on Commerzbank is a sign that pan-European integration will remain elusive.

Draghi report: a wake-up call for the EU electronics manufacturing industry [Promoted content]

Despite the European Chips Act, the European electronics sector still faces a sharp decline, potentially undermining Europeโ€™s security, industrial resiliency, and global competitiveness.

The great decline of European industry

Industrial production is falling in most European Union countries, largely due to a lack of competitiveness with China and the US. The recent Draghi report has urged for significant investment to prevent the economy from ‘stalling.’

How to speak von der Leyen

POLITICO’s guide to understanding what the European Commission president says vs. what she means.

Far-left, far-right MEPs slam Draghi report, while centre offers support

Mario Draghiโ€™s report on European competitiveness was sharply criticised by far left and far right MEPs in a European Parliamentary debate in Strasbourg on Tuesday (17 September) but received strong backing from Commission President Ursula von der Leye…

US firms warn against Draghi reportโ€™s โ€˜European preferenceโ€™, risks for defence sector

Mario Draghiโ€™s proposal that EU policymakers should favour European defence firms in public tenders would constitute a form of unjustified discrimination against foreign companies, the American Chamber of Commerce to the EU warned on Monday (16 Septemb…

Vestager welcomes Draghi report, asks businesses to trust EU single market

As double term as the European Commission’s competition chief draws to a close, Margrethe Vestager has welcomed the long-awaited Draghi report and said the single market must work better to allow companies to gain success, fairly.

Lagarde: Draghi report โ€˜formidableโ€™ but ECB wonโ€™t change policy to boost EU competitiveness

European Central Bank (ECB) President Christine Lagarde praised Mario Draghiโ€™s โ€œformidableโ€ report on Thursday (12 September) but said that the responsibility for boosting Europeโ€™s lagging competitiveness ultimately lies with EU governments rather than…

Youโ€™re on your own implementing Draghi report, Lagarde tells governments

โ€œStructural reforms are not the responsibility of the central bank โ€” they are the responsibility of governments,โ€ European Central Bank president says.

Franceโ€™s Bruno Le Maire leaves government to enter academia

French Economic and Finance Minister Bruno Le Maire announced on Thursday (12 September) that he would not stay in post after the new government is announced next week, taking on a professorship in economic policy and geopolitics at the University of L…

Europe’s fragmented defence industry needs coordination to avoid supply crisis – Draghi report

The EU defence market could face a supply crisis if member states do not align their defence spending and procurement plans, according to Draghi’s report on competitiveness.

Portuguese business group praises Draghi report

The Portuguese Business Confederation (CIP) on Tuesday praised the strategy outlined in Mario Draghi’s long-awaited report on European competitiveness, and called for more public support for the private sector to boost investment.

Chinese firms condemn Draghiโ€™s support for tariffs

Chinese firms operating in the EU have fiercely criticised Mario Draghiโ€™s suggestion that further tariffs might be necessary to protect European industries from foreign competition, warning that such measures could escalate already tense trade relation…

Relieved energy industry cheers โ€˜bullseyeโ€™ Draghi report

EU energy industry associations welcomed the Draghi report, lauding its restraint to attack the blocโ€™s energy market principles, while MEPs want to make sure it is politically recognised.

Draghi report splits German government, receives pushback from Netherlands

Mario Draghiโ€™s call for the EU to issue joint debt to finance key investments has deepened the divide in Germanyโ€™s coalition government and received strong criticism from the Netherlands.

Draghiโ€™s EU vision met with mixed reactions from Italian politicians

Political reactions following the publication of the Draghi report have been mixed in Italy, with Democratic Party MEP Giorgio Gori (S&D) suggesting that these reactions only serve to highlight the real “enemies of Europe”.

Draghi: The EU to consider reportโ€™s proposals or face โ€˜slow agonyโ€™

Mario Draghi handed to Ursula von der Leyen the highly anticipated report on European competitiveness stressing the urgent need to boost productivity to achieve the EUโ€™s political and economic goals.

EU politicians weigh in on Draghi report

Mario Draghiโ€™s long-awaited report on European competitiveness has been met by MEPs with both praise and reservations. Centrist politicians hope for a speedy correction of EU industrial policies, while conservatives fear accelerated spending and the fa…

Mario Draghiโ€™s plan to fix a broken Europe already looks impossible

The Draghi report is full of good intentions to mend a continent losing its way. But while the vision is bold, the politics are practically impossible.

The Brief โ€“ Draghi Report: urgent but insufficiently concreteย 

During the public presentation of his long-awaited report on the future of Europeโ€™s competitiveness earlier on Monday (9 September), Mario Draghi said that the โ€œessenceโ€ of the report could be summed up in just two words, โ€œurgency and concretenessโ€….

Lack of productivity growth โ€˜existential challengeโ€™ for Europe, Draghi report says

Europe is facing an “existential challenge” to increase its productivity, Mario Draghiโ€™s long-awaited report on European competitiveness states, with the main priorities focused on advancing the tech sector and ensuring a successful transition towards …

How the Draghi report could affect future EU-US relations

The Italian technocratโ€™s policy proposals, set to be released on Monday (9 September), are likely to profoundly shape EU-US relations over the coming years.

Europeโ€™s Draghi report unleashed: These are the 5 things to watch

A blueprint to make the EU more competitive with the rest of the world is published on Monday. It’s likely to prove controversial.

New mandate, new opportunity: A competitiveness strategy for European life sciences

We have an important chance to regain Europeโ€™s edge in one of its most important sectors โ€“ and, in turn, help people live longer and feel better.

Draghi report on competitiveness delayed until after the summer, EU confirms

The publication of a much-anticipated report on the European Union’s competitiveness by former European Central Bank President Mario Draghi has been delayed until September, an EU official confirmed to Euractiv on Tuesday (24 July).

Can Europe rely on private capital to achieve its goals?

Itโ€™s no secret that Europe is facing some of the biggest challenges in its history, from the digital and green transition to climate adaptation and mitigation, along with the need to boost its security and defence resources and enhance its competitiven…

Money talks: Von der Leyenโ€™s winning pledges for Europe

Europe’s insurance sector became the latest to join the chorus of EU interest groups calling on the next Commission to foster a more pro-business regulatory framework – first and foremost, by following through with its pledge to slash reporting obligat…

Europeโ€™s strategic autonomy at risk as EU economy lags far behind US, Hungarian top official warns

European policymakers must urgently enact measures to prevent the EU economy from becoming drastically smaller than that of the United States, a top Hungarian official warned on Wednesday (17 July).

Draghiโ€™s EU competitiveness plan set to be delayed until September

Von der Leyen likely won’t have time to focus on Mario Draghi’s report until after the summer as she’s so focused on winning her second term.

Europeโ€™s economy is falling behind: a new Commissioner can help it catch up

EU leaders are sounding the alarm on Europeโ€™s industry and innovation falling behind the US and others. Europeโ€™s economic muscles have atrophied while the United States and China are pushing the world into the next generation of innovation and industry…

Everything we know about the Draghi report

The forthcoming report by former Italian prime minister and former European central bank president, Mario Draghi, on the future of European competitiveness is a valuable opportunity to shape the EU policy agenda for the coming EU legislative term and b…