{"id":407442,"date":"2024-11-22T17:13:49","date_gmt":"2024-11-22T16:13:49","guid":{"rendered":"https:\/\/www.eunews.it\/2024\/11\/22\/le-confindustrie-di-italia-francia-e-germania-ue-e-stati-agiscano-in-fretta-per-rafforzare-lindustria\/"},"modified":"2024-11-27T17:05:21","modified_gmt":"2024-11-27T16:05:21","slug":"manufacturers-associations-of-italy-france-and-germany-eu-and-states-must-act-fast-to-strengthen-industry","status":"publish","type":"post","link":"https:\/\/www.eunews.it\/en\/2024\/11\/22\/manufacturers-associations-of-italy-france-and-germany-eu-and-states-must-act-fast-to-strengthen-industry\/","title":{"rendered":"Manufacturers’ Associations of Italy, France, and Germany: EU and states must act fast to strengthen industry"},"content":{"rendered":"

Brussels\u00a0– The big European industry calls on national and Union institutions to act fast to strengthen the sector by promoting innovation and strategic autonomy.<\/span><\/p>\n

At the end of the sixth Paris Business Trilateral Forum, the presidents of MEDEF, BDI and Confindustria signed a joint statement urging EU institutions and member states “to act quickly to strengthen Europe’s industrial base, promote innovation, and ensure strategic autonomy.”<\/span><\/p>\n

European businesses are “urgently” calling on the European Union and its member states to undertake Catch-up Tests: within a year, the results of key EU policies should be systematically compared with those of the United States<\/strong> in critical economic sectors “and, if necessary, adjusted.”<\/span><\/p>\n

According to entrepreneurs from the three most industrialized countries in the Union,\u00a0European lawmakers should focus on four key priorities:<\/span><\/p>\n

    \n
  1. To increase the competitiveness of the European industry, a technology-neutral approach must be adopted in all initiatives within a year<\/span><\/b>.\u00a0<\/strong>It\u00a0is time for the EU to support all low-carbon technologies, including nuclear power, renewables, low-carbon gases, and hydrogen. Harmonized support under the Clean Industrial Deal, EU-ETS, and financing mechanisms will also enable various low-carbon solutions to contribute to Europe’s green transition.<\/span><\/span><\/li>\n
  2. All relevant regulations should be revised within a year to reduce bureaucratic and compliance costs. <\/span><\/b>EU member states have introduced significantly more laws than the U.S., further complicating an already fragmented market. These differences are a major cause of the divergence in competitiveness between the EU and the U.S.<\/span><\/span><\/li>\n
  3. To accelerate innovation, we need to start by increasing investment in R&S to 3 per cent of GDP within a year.\u00a0<\/span><\/b>To achieve this goal, member states and EU institutions must be ready to reallocate resources, including funds from the Multiannual Financial Framework (MFF), to support cutting-edge technological development across the EU.<\/span><\/span><\/li>\n
  4. To facilitate European investment, we must start unlocking the \u20ac800 billion identified in the Draghi report within a year. <\/span><\/b>The EU and member states need to strengthen the competitiveness of the corporate finance ecosystem through the Banking and Capital Markets Union within a year. Strong public investment is also needed at the national and EU levels. The EU should develop a competitiveness-oriented Multiannual Financial Framework (MFF) and more efficient financial instruments. In addition, the financing of European public goods should also be pursued in part through EU debt instruments.<\/span><\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

    European businesses are “urgently” calling on the European Union and its member states to undertake Catch-up Tests: within a year, key EU policy outcomes should be systematically compared with those of the United States in critical economic sectors<\/p>\n","protected":false},"author":496,"featured_media":394312,"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],"tags":[26190,26810,25744,26698,28848],"class_list":["post-407442","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-confindustria-en-2","tag-news-europe-and","tag-industry-en","tag-innovation-en","tag-paris-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/407442","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\/496"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/comments?post=407442"}],"version-history":[{"count":5,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/407442\/revisions"}],"predecessor-version":[{"id":407546,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/407442\/revisions\/407546"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media\/394312"}],"wp:attachment":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media?parent=407442"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/categories?post=407442"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/tags?post=407442"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}