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European Council calls for ‘competitiveness deal’

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Published: April 10th, 2024,
Last updated: May 30th, 2025

Chancellor Olaf Scholz and the President of the European Council, Charles Michel.

The EU heads of state and government want to adopt a competitiveness agenda at next week’s special summit. Geopolitical tensions and in particular the subsidy policies of other countries have „exposed the Union’s vulnerabilities, while long-term productivity and technological and demographic trends require urgent policy adjustments“, according to a draft of the final declaration, which is available to Table.Briefings. A „European competitiveness deal“ is needed to catch up with the EU in terms of growth, productivity and innovation.

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Technology Trade Industriepolitik Industrial policy Europäischer Rat