European industry competitiveness takes center stage in upcoming legislative cycle
The future of European industry is set to play a pivotal role in shaping the European Union’s (EU) priorities in the coming years. With global powers like the United States and China driving fierce competition, the EU is determined to remain a key player on the international stage. To address this challenge, European Commission President Ursula von der Leyen has tasked former Italian Prime Minister Mario Draghi with conducting a comprehensive analysis of the bloc’s competitiveness. Draghi’s findings highlight critical obstacles, including high energy costs and lagging productivity in the technology sector, which must be addressed to secure Europe’s economic…