EU bid to take on US, China competitiveness starts today
The European Commission will publish its Competitiveness Compass today in an attempt to secure the future EU economy.
Today Radio Schuman digs in to the long-awaited so-called ‘Competitiveness Compass’ with Euronews’ reporter Peggy Corlin.
The Compass report outlines strategies to improve the EU’s economic performance by simplifying regulation, increasing investment, and supporting competitiveness.
A key focus is reducing bureaucratic red tape, particularly targeting the EU’s flagship Green Deal, to ensure the transition to a decarbonised economy aligns with economic competitiveness.
This plan includes deregulation and a competitiveness fund to foster cooperation and innovation within the EU.
The report aims to address challenges like the EU’s innovation gap and its ability to compete with global powers like China and the US while balancing sustainability goals.
Radio Schuman is hosted and produced by Maïa de la Baume, with journalist and production assistant Eleonora Vasques, audio editing by David Brodheim. Music by Alexandre Jas.
