Thank you, Madam President.
Ladies and gentlemen, today the Commission unveils its economic strategy for the next five years. It is summed up in three words: competitiveness, competitiveness, competitiveness.
This strategy leads to a roadmap focusing on simplifying, investing, and accelerating economic goals.
Europe now has a plan, and its a business plan!
The aim is to make competitiveness central to every euro spent, respecting our European model.
- First: simplification.
Its a simplification shock covering all European regulations, including reporting frequency and digital transitions. The first simplification omnibus will be presented soon.
By 2026, we aim to introduce a single regime for European companies, replacing multiple forms with one.
We believe the single market offers great simplification potential. One European standard replaces 27 others. 1 in, 27 out.
- Secondly: investment.
Europe must boost funding for innovation and production. We will propose new European savings products and investment-friendly legislation.
Well establish a competitiveness fund in the next budget, leveraging public money to attract private investment.
Coordinating competitiveness policies at the EU level is vital for innovation alignment and strategic sector focus.
Member states support the Draghi reports implementation, aligning industrial and competitiveness policies.
We aim to coordinate strategies in raw materials, using group purchasing at European level, as done with vaccines and gas.
- Third: speeding up.
Sectoral plans will dramatically increase efforts in strategic sectors like chemicals, steel, and automotive, crucial to our economy and clean technology transition.
Our goal is to foster growth in future sectors like clean tech, biotech, and AI, each having a tailored plan by 2025.
We support sectors in their transition and growth without unnecessary regulation. Europe must become the cutting-edge technology continent.
The Clean Industrial Agenda will address both traditional and new sectors needs.
This initiative signals a mindset shift for Europe, maintaining a low-carbon, social model while focusing on competitiveness.
Success will be measured by opening more factories, producing more in Europe, increasing employment, and creating more unicorns.
Europes market of 450 million consumers provides growth potential.
Thank you, and Im ready to answer questions.