Commission launches plan to boost sustainable competitiveness
2025-01-29
The European Commission today presented a new package of measures to boost the competitiveness of the EU’s economy in a sustainable way. The package includes a number of measures to support innovation, investment and skills development, as well as measures to improve the business environment and reduce regulatory burdens.
The Commission’s plan is based on the recognition that the EU needs to become more competitive in order to maintain its leading position in the global economy. The EU is facing a number of challenges, including rising competition from emerging economies, technological change and the transition to a low-carbon economy.
The Commission’s plan aims to address these challenges by creating a more favorable environment for businesses to invest and innovate. The plan includes a number of measures to:
- Support research and development: The Commission will increase funding for research and development, and will make it easier for businesses to access this funding.
- Promote innovation: The Commission will create a new Innovation Fund to support the development and deployment of innovative technologies.
- Invest in infrastructure: The Commission will invest in infrastructure, such as transport, energy and digital networks, to improve the connectivity of the EU.
- Improve the business environment: The Commission will reduce regulatory burdens on businesses, and will make it easier for businesses to access finance.
- Develop skills: The Commission will invest in skills development, to ensure that the EU has the workforce it needs to compete in the global economy.
The Commission’s plan is a comprehensive and ambitious package of measures to boost the competitiveness of the EU’s economy. The plan is based on the recognition that the EU needs to become more competitive in order to maintain its leading position in the global economy. The plan includes a number of measures to support innovation, investment and skills development, as well as measures to improve the business environment and reduce regulatory burdens.
Commission launches plan to boost sustainable competitiveness
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