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Updating the 2020 Industrial Strategy: Towards a stronger Single Market for Europe's recovery eureporter.co - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eureporter.co Daily Mail and Mail on Sunday newspapers.
Cities call for new EU pact for just and sustainable recovery eureporter.co - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eureporter.co Daily Mail and Mail on Sunday newspapers.
5 hours ago Today, the Commission updates the EU Industrial Strategy to ensure that its industrial ambition takes full account of the new circumstances following the COVID-19 crisis and helps to drive the transformation to a more sustainable, digital, resilient and globally competitive economy. The updated Strategy reaffirms the priorities set out in the March 2020 Communication, published the day before the WHO declared COVID-19 a pandemic, while responding to the lessons learned from the crisis to boost the recovery and enhance the EU’s open strategic autonomy. It proposes new measures to strengthen the resilience of our Single Market, especially in times of crisis. It addresses the need to better understand our dependencies in key strategic areas and presents a toolbox to address them. It offers new measures to accelerate the green and digital transitions. The updated Strategy also responds to calls to identify and monitor the main indicators of the competitiveness ....
Why is an update of the 2020 New Industrial Strategy needed? On 10 March 2020, the Commission laid the foundations for an industrial policy that would support the twin transitions to a green and digital economy, make EU industry more competitive globally, and enhance Europe s open strategic autonomy. One day after, the World Health Organisation declared COVID-19 a pandemic. This update neither replaces the 2020 Industrial Strategy nor completes the processes launched by it - much of that work is in progress, and requires dedicated efforts. This is a targeted update, which focuses on what more needs to be done and what lessons need to be learned. Today s targeted update of the Industrial Strategy reflects the need to take full account of the new circumstances following the COVID-19 crisis that accelerated existing trends, in order to speed up recovery and ensure Europe s leadership in green and digital technologies. ....