Introduction
Today, Europe stands united in its pursuit of inclusive economic growth, focusing on
- sustainable competitiveness
- economic security
- open strategic autonomy
- fair competition
They all serve as pillars of prosperity.
The vision that drives Europe forward is to create conditions where businesses thrive, the environment is protected, and everyone has an equal chance at success.
Sustainable competitiveness should make sure businesses are productive and environmentally friendly. Economic security ensures that our economy can handle challenges and protect jobs. With open strategic autonomy, Europe is not just open for business; but is shaping a better, fairer world.
Way forward for EU’s competitiveness
Europe’s strong system of rights and values offers equal opportunities and leads the way in social inclusion. Our institutions, economic frameworks, and commitment to the rule of law create an environment where businesses can thrive and people can prosper. Top-notch infrastructure and a skilled workforce give Europe its competitive edge.
In a changing world with new challenges, the European Union is focused on staying competitive and prosperous. We’re working hard to maintain our leadership globally and to make sure we have control over our own future.
Therefore Europe needs to look further ahead and set out how to remain competitive.
This is why Mario Draghi – former European Central Bank President and one of Europe’s great economic minds – was tasked by the European Commission to prepare a report of his personal vision on the future of European competitiveness.
The future of European competitiveness: Report by Mario Draghi
The report looks at the challenges faced by the industry and companies in the Single Market.
The findings of the report will contribute to the Commission’s work on a new plan for Europe’s sustainable prosperity and competitiveness. And in particular, to the development of the new Clean Industrial Deal for competitive industries and quality jobs, which will be presented in the first 100 days of the new Commission mandate.
Source: European Comission
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