José María Álvarez-Pallete, executive president of Telefónica, called yesterday for “a new industrial strategy for Europe that places connectivity as a cornerstone in the creation of a stronger economy and a safer, more digital, less dependent and more sustainable continent” . In line with the recent proposals in the report by Mario Draghi, economist and former president of the European Central Bank, the host of the plenary session of the European Round Table for Industry (ERT), also highlighted the continental commitment to “ensure the progress and well-being of its citizens, for which the employability and retraining of people is critical.”
In the same forum, Álvarez-Pallete advocated for recovering Europe’s leadership at a crucial moment in the telecommunications sector to address the socioeconomic challenge facing Europe.” To achieve all of the above, Álvarez-Pallete urged “work together to refocus our common objectives“.
In the presence of King Felipe VI, who inaugurated the industrial forum, the president of the ERT, Jean-François van Boxmeer (also president of the Vodafone Group), assured that “our companies want to invest and be an important source of growth, employment and innovation to help Europe prosper.
The same forum included the participation of Teresa Ribera, third vice president of the Government of Spain and Roberta Metsola, president of the European Parliament, along with more than 50 of the main executives and presidents of the largest industrial and technology companies in Europe.
Among other matters, the meeting “focused on setting the strategic direction and future priorities of the ERT, through a close support and accompaniment project to urgently implement the measures and recommendations of the Dragui and Letta Reports by of the European Commission, the European Parliament and the 27 Member States“, as reported by Telefónica sources.
Specifically, the purpose of the ERT is to contribute to “the adoption of the necessary measures, with the focus on advancing the digital and sustainable transition, and thus recovering the competitiveness of the economy in Europe and ensure the future well-being of citizens and companies”. The ERT was created in 1983 and works to create a strong, open and competitive Europe, which acts as an engine of sustainable growth and prosperity for all its citizens.
In addition to Telefónica, Óscar García Maceiras, CEO of Inditex, also participates in the ERT; Ignacio Sánchez Galán, president of Iberdrola; and Rafael del Pino, president of Ferrovial. Airbus, ASML, BASF, Mercedes Benz, Deutsche Telekom, E.ON, Ericsson, GSK, Heineken, L’Oreal, Merck Group, Michelin, Nestlé, Norsk Hydro, Orange, Sonae, Siemens, Syensqo, Thyssenkrupp, Unilever or Volvo Group They are other large multinationals, whose combined income exceeds 2 trillion euros and investments of 60,000 million.
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