EU leaders to discuss industrial policy and competitiveness

naftemporiki.gr (Greek)

EU leaders will meet to discuss strengthening the bloc's industrial policy and competitiveness. The meeting aims to simplify the single market and foster investment and innovation. The European Commission is proposing an "Industrial Acceleration Law" to boost European re-industrialization. Key measures include requirements for foreign investment and local content in products sold within the EU. The proposed law aims to create "Made in Europe" products by increasing local manufacturing and R&D. It also seeks to reduce administrative burdens and establish "industrial acceleration zones" for coordinated development.


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EU leaders to discuss industrial policy and competitiveness | News Minimalist