{"id":403313,"date":"2024-11-08T16:05:26","date_gmt":"2024-11-08T15:05:26","guid":{"rendered":"https:\/\/www.eunews.it\/2024\/11\/08\/ue-piu-competitivita-metsola-budapest\/"},"modified":"2024-11-14T13:02:36","modified_gmt":"2024-11-14T12:02:36","slug":"metsola-eu-must-learn-to-harness-resources-and-boost-competitiveness","status":"publish","type":"post","link":"https:\/\/www.eunews.it\/en\/2024\/11\/08\/metsola-eu-must-learn-to-harness-resources-and-boost-competitiveness\/","title":{"rendered":"Metsola, EU must learn to harness resources and boost competitiveness"},"content":{"rendered":"<p>Brussels &#8211; <strong>Unity, simplification, and investment<\/strong>: <strong>Three keywords regarding competitiveness<\/strong> that <strong>President of the European Parliament Roberta Metsola<\/strong> emphasized in her <a href=\"https:\/\/the-president.europarl.europa.eu\/home\/ep-newsroom\/pageContent-area\/actualites\/we-have-what-it-takes-ep-president-metsola-addresses-euco-in-budapest.html\" target=\"_blank\" rel=\"noopener\">speech<\/a> today (November 8) at the <strong>informal meeting of the European Council<\/strong> in Budapest.&nbsp;<\/p>\n<p><strong>The EU must be ready to change<\/strong>. It must know how to plan for the long term, using the resources it already has, but also act in a timely and unified manner. &nbsp;&#8220;<strong>We do not need to be talking in terms of &#8220;whatever it takes&#8221;\u2014we already have what it takes.<\/strong><\/p>\n<p> We just need to make better use of the market and talent that is already there and find the political will to do what is needed,&#8221; Metsola says.&nbsp;<\/p>\n<p><strong>The most profound and consequential transformation&nbsp;of international balances is putting a strain on the EU<\/strong> and its global role, but &#8221;<br \/>\nWe cannot allow ourselves to be squeezed,&#8221; the EU Parliament&nbsp;President says. She does not leave out the concern about the results of the <strong>American elections<\/strong>, on which Metsola is very clear: &#8220;<strong>Our mindset is not America elects and Europe reacts, but Europe acts<\/strong>.&#8221; No inaction is allowed, especially when the EU must also react to the<a href=\"https:\/\/www.eunews.it\/en\/2024\/10\/31\/valencia-flooding-flags-at-half-mast-in-all-eu-institutions-metsola-access-to-disaster-funds-be-easier\/\" target=\"_blank\" rel=\"noopener\">&nbsp;climate crisis<\/a> and take action to support its states through&nbsp;&#8220;flexibility measures for financial assistance&#8221; and quick actions.&nbsp;<\/p>\n<p>It is about building a <strong>Europe capable of asserting its autonomy<\/strong>.<br \/>\nAnd by independence <strong>I do not mean isolationism<\/strong>,&#8221; affirms&nbsp;Metsola. The response to common challenges must be &#8220;in sync with each other,&#8221; she continued, especially in the area of <strong>competitiveness<\/strong>.<\/p>\n<p>The paradigm that emerges is <strong>common challenges, common responses, better outcomes. The EU is being asked to be malleable to change, focusing on transitions already underway<\/strong>, such as the digital one with artificial intelligence or the green one with decarbonization. &#8220;We need to intensify our efforts by <strong>expanding our network of trade agreements<\/strong>,&#8221; Metsola continued, referring, for example, to those related to raw materials.<\/p>\n<p>&nbsp;<strong>Investment is lacking<\/strong>, for which &#8220;the European Union spends <strong>one-third less on research and development<\/strong> than other major economies in the <a href=\"https:\/\/www.osce.org\/\" target=\"_blank\" rel=\"noopener\">OECD<\/a> &#8220;, the EU Parliament&#8217;s&nbsp;President says.&nbsp;Considering the Draghi and Letta reports, the EU&nbsp;Parliament&#8217;s President asks a question, &#8220;Why aren\u2019t companies growing in Europe?<\/p>\n<p> Because our markets are still too fragmented.&#8221;&nbsp;<\/p>\n<p><span style=\"margin: 0px;padding: 0px\">There are <strong>many regulatory barriers and economic difficulties for businesses and start-ups<\/strong>, about which Metsola calls for &#8220;bold steps,&#8221; such as the full development of the&nbsp;<a href=\"https:\/\/www.eesc.europa.eu\/it\/agenda\/our-events\/events\/future-capital-markets-union\" target=\"_blank\" rel=\"noopener\">Savings and Investment Union<\/a>&nbsp;to complete the single capital market.<\/span>&nbsp;<\/p>\n<p>Finally, Metsola stresses the need for <strong>simplification, particularly to help SMEs<\/strong>. &#8220;The goal of the next mandate must be <strong>better, smarter regulation, focusing on implementation<\/strong>,&#8221; says the Europarliamentary chairwoman, to facilitate and account for business demands based on need. On this element, <strong>the European Commission also supported the idea<\/strong> that it was necessary to make changes to help the European economy. &#8220;This is a positive first step and the European Parliament is eager to build on it,&#8221; Metsola concluded.&nbsp;<\/p>\n<p><strong>Many are MEPs&#8217; (and the entire EU) responsibilities to their citizens<\/strong>, who voted in last June&#8217;s elections asking their institutions not to &#8220;sit back and accept things as they are.&#8221; The needs of Europeans are perfectly represented by the words of the president of the institution that directly represents them and to which, inevitably, people&#8217;s hopes for impactful economic changes are addressed.&nbsp;<\/p>\n<p>Ultimately, says Metsola, &#8220;<strong>Prosperity is&nbsp;at the foundation<\/p>\n<p>of a stable global order<\/strong>.&#8221; And Europe, if it wants to maintain its role in the international chessboard, must once again invigorate its economy and focus on competitiveness.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Common Challenges, Common Responses, Better Results&#8221; is the paradigm on competitiveness that the President of the European Parliament is presenting at the informal meeting of the European Council in Budapest<\/p>\n","protected":false},"author":7877,"featured_media":403178,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"episode_type":"","audio_file":"","podmotor_file_id":"","podmotor_episode_id":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","filesize_raw":"","date_recorded":"","explicit":"","block":"","jnews-multi-image_gallery":[],"jnews_single_post":{"source_name":"","source_url":"","via_name":"","via_url":"","override_template":"0","override":[{"template":"1","single_blog_custom":"","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_share_counter":"0","show_view_counter":"0","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","post_calculate_word_method":"str_word_count","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","number_popup_post":"1","show_author_box":"0","show_post_related":"1","show_inline_post_related":"0"}],"override_image_size":"0","image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post":"0","trending_post_position":"meta","trending_post_label":"Trending","sponsored_post":"0","sponsored_post_label":"Sponsored by","sponsored_post_name":"","sponsored_post_url":"","sponsored_post_logo_enable":"0","sponsored_post_logo":"","sponsored_post_desc":"","disable_ad":"0"},"jnews_primary_category":{"id":"","hide":""},"jnews_override_counter":{"override_view_counter":"0","view_counter_number":"0","override_share_counter":"0","share_counter_number":"0","override_like_counter":"0","like_counter_number":"0","override_dislike_counter":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[25705,1649,25681],"tags":[29063,29615,26001,27335,26160,29616],"class_list":{"0":"post-403313","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","6":"hentry","7":"category-business","8":"category-non-categorizzato","9":"category-politics","10":"tag-inbudapest","11":"tag-competitive-at","12":"tag-council-en","14":"tag-metsolaand","15":"tag-speech-en"},"acf":[],"_links":{"self":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/403313","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/users\/7877"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/comments?post=403313"}],"version-history":[{"count":4,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/403313\/revisions"}],"predecessor-version":[{"id":403390,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/403313\/revisions\/403390"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media\/403178"}],"wp:attachment":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media?parent=403313"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/categories?post=403313"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/tags?post=403313"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}