This coming week, the European Commission will present the Competitiveness Compass, a roadmap of the 30 measures it is preparing to stand up to Trump and recover its economic strength.
These are the thirty initiatives that the EU is preparing:
Pillar 1 More effective policies
1 Start-up and Scale-up Strategy: Address difficulties in market entry and growth for startups, including the university-business relationship, cross-border mobility of talent, access to venture capital, barriers within the Single Market, infrastructure limitations and support to innovation.
2. European Strategy for Research and Technology Infrastructures: Promote cutting-edge facilities for startups and SMEs.
3. 28th regime: Simplify the applicable rules and reduce the cost of failure, including aspects of insolvency, labor law and tax.
4. European Research Area Act: Strengthen investment in R&D, focus research support on strategic priorities, strengthen alignment between EU and Member States’ funding priorities, and promote the circulation of knowledge and talent in Europe.
5. AI Continent Initiative: Harness the benefits of aggregation and network effects at the European level, establishing “AI mega factories” to boost Europe’s computing power and make it accessible to startups, researchers and industry.
6. Apply AI Strategy and Data Union Strategy: Drive new industrial uses of AI in sectors such as manufacturing, automotive, energy, robotics, pharmaceuticals and aeronautics, as well as improve public services, for example in healthcare.
7. EU Quantum Strategy and a Quantum Act: Address regulatory fragmentation, foster synergies between EU and national programmes, and support investment in pan-European quantum computing, communication and sensing infrastructure.
8. European Biotech Act: Establish a regulatory framework to encourage investment and innovation, and accelerate deployment in health technology assessment and clinical trials.
9. Life Sciences Strategy: Update the EU Bioeconomy Strategy, promoting innovations based on biological resources, driven by advanced technologies, new business models and social innovations.
10. Advanced Materials Act: Provide the framework conditions to support the entire life cycle, from research and innovation to startup creation, manufacturing and deployment.
11. Space Act: Safeguard and improve the functioning of the internal market for space activities through a set of measures that harmonize legislative frameworks and requirements at Union level and eliminate fragmentation arising from national legislation.
12. Review of the Horizontal Merger Control Guidelines: Reflect the innovation, resilience and investment intensity of competitors in certain strategic sectors.
13. Digital Networks Act: Propose solutions to improve market incentives to build the digital networks of the future, reduce compliance burden and costs, improve digital connectivity for end users, creating an integrated single market for connectivity and a spectrum policy the most coordinated EU.
14. Vision for agriculture and food: Establish how to ensure long-term competitiveness and sustainability for the agriculture and food sectors, ensuring prosperous rural areas, food security and resilience.
Pillar 2: A joint roadmap for decarbonization and competitiveness
15. Clean Industrial Deal and an Affordable Energy Action Plan: Secure the EU as an attractive location for manufacturing, including energy-intensive industries, and promote clean technologies and new circular business models, while meeting agreed decarbonisation targets.
16. New State Aid Framework: Establish how well-targeted and streamlined aid can further encourage investment for decarbonisation, while avoiding market distortions.
17. Steel and metal action plan: Present tailored action plans for some of them, based on dialogue and close consultation with interested parties.
18. Chemical industry package: Address challenges related to innovation and leadership in future technologies, clean transition and decarbonization, access to globally competitive inputs (energy, raw materials and others) and security of supply, fair trade and global competition and regulatory rationalization and implementation. REACH will be reformed.
19. Sustainable Transport Investment Pact: Highlight the role that European ports will play in the future EU economy.
20. European Port Strategy: Address the situation of energy-intensive industries included in the European carbon pricing system and the need to minimize cases of circumvention and unintended consequences in value chains.
21. Carbon Border Adjustment Mechanism Review: Strengthen its underlying logic of preventing “carbon leakage” and ensure greater impact in terms of promoting a level international playing field and global carbon pricing, while preserving the competitiveness of EU industries .
22.Circular Economy Act: Catalyze investment in recycling capacity and encourage EU industry to effectively substitute virgin raw materials and reduce landfilling of used raw materials
Pillar 3: Increase security, reduce excessive dependencies
23. The White Paper on the Future of European Defense: Establish the actions necessary to achieve these objectives.
24.- Union Preparedness Strategy: This strategy, which will also be presented in the first quarter of 2025, will outline a common approach to existing and potential threats.
25.- Trade Associations and Clean Investments: These partnerships will combine specific trade and investment rules, financing and regulatory cooperation into a single government partnership.
26. Critical Medicines Law: This law, expected in 2025, will focus on the security of the supply of essential medicines.
27. Joint Purchasing Platform for Critical Raw Minerals: This platform, which will launch in the second or third quarter of 2025, will identify the needs of EU industries, aggregate demand and coordinate joint purchases.
28 Public Procurement Review: This review, expected in 2026, will strengthen technological security and national supply chains.
29. Water Resilience Strategy: This strategy, which will be presented in the second quarter of 2025, will improve water management and promote sustainable water use.
30. European Climate Adaptation Plan: This plan, expected in 2026, will improve the resilience of critical infrastructure and the integration of climate resilience into urban planning.
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