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Competitiveness: What heads of government and finance ministers are proposing

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Published: November 5th, 2024,
Last updated: May 28th, 2025

The finance ministers of the EU member states have agreed on a joint declaration on competitiveness. The priority is to „tackle the productivity gap in Europe by making the conditions for investment and innovation easier for European companies,“ according to the statement, which was adopted yesterday at the Eurogroup meeting. In it, the finance ministers acknowledge the great need for investment resulting from climate protection, digitalization, R&D and defense capabilities.

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