On Wednesday 3rd, the European Commission unveiled the EU Agenda for Cities, reinforcing urban development policy and fortifying the role of cities in Europe’s future growth and development. The EU Agenda for Cities offers a strategic vision to empower cities in tackling local challenges contributing to meeting broader EU goals. It provides a unified framework […]
Commission launches Skills Guarantee to support workers in transition
Last November 27, the European Commission has launched a new scheme – the Skills Guarantee – to support workers and businesses and tackle labour shortages in strategic and growing sectors. A flagship initiative under the Union of Skills, the Skills Guarantee will reinforce strategic sectors in line with the future European Competitiveness Fund. Ιt will enable workers […]
Commission presents new Bioeconomy Strategy
Last November 27, the Commission adopted a new Strategic Framework for a Competitive and Sustainable EU Bioeconomy, charting a way forward to build a clean, competitive and resilient European economy. By using renewable biological resources from land and sea and providing alternatives to critical raw materials, the EU will move forward towards a more circular and decarbonised economy […]
Commission sets new plans for high-speed rail and sustainable fuels for aviation and waterborne sectors
The European Commission today adopted a comprehensive transport package. It will accelerate the roll-out of Europe’s high-speed rail network and to boost investment in renewable and low-carbon fuels for the aviation and waterborne sectors. Competitiveness and sustainability are the guiding principles of this package, which aims to make the EU transport system more efficient, interconnected, […]
Voluntary sustainability reporting standard to ease burden on SMEs
The Commission has adopted last July 30 a recommendation on voluntary sustainability reporting for small and medium-sized companies (SMEs). The recommendation presents a voluntary standard that will make it easier for SMEs that are not covered by the Corporate Sustainability Reporting Directive (CSRD) to respond to specific requests for sustainability information from large financial institutions and companies. The […]
InvestEU is playing a key role in making the EU more sustainable and competitive
The Commission has presented the mid-term evaluation of InvestEU, the EU’s flagship investment programme to facilitate better access to finance for businesses across Europe, in support of common priorities. Halfway through its duration, InvestEU has already unlocked ¤218 billion in additional investment, and 90% of the EU guarantee has been allocated. The programme consists of […]
Commission report shows social investments and reforms support competitiveness, economic growth and social inclusion
Social investments and reforms in key areas can boost employment, social inclusion, competitiveness and economic growth. This is the main finding of the Commission’s 2024 Employment and Social Developments in Europe (ESDE) report. Reforms and financial support for early childhood education and care, skills development, lifelong learning, vocational training and certain job support schemes are particularly […]
Mario Draghi outlines his plan to improve Europe’s competitiveness
On Tuesday, Mario Draghi outlined his blueprint for improving Europe’s competitiveness through closer cooperation in core areas and massive investment in shared objectives. Mr Draghi, author of a report on European competitiveness requested by the President of the European Commission, said that the EU needed to focus on three crucial issues: closing the innovation gap […]
EU competitiveness: Looking ahead
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. […]