BusinessEconomyPolicy

Europe’s Competitiveness Push Gains Momentum Amid Sovereignty and Reform Challenges

European Commission leaders express confidence in the continent’s ability to regain global competitiveness through coordinated industrial strategy and decarbonization efforts. The push comes as the EU works to overcome regulatory fragmentation and transform crisis-driven sovereignty concerns into lasting economic strength.

Political Momentum Builds for European Competitiveness

European Union institutions are reportedly mobilizing behind a comprehensive strategy to restore the continent’s global economic standing, according to recent statements from senior officials. The push follows former European Central Bank President Mario Draghi’s landmark competitiveness report, which sources indicate urged coordinated action to prevent Europe from falling further behind China and the United States.