The European Commission presented a new strategy of industrial policy of the European Union
the European Commission on Tuesday, March 10, submitted a new strategy for the development of the European industry, which aims to facilitate the transition to climate neutrality and digital leadership of the European Union.
In the package of initiatives set out a new approach to European industrial policy presented a number of measures to support all players of the European industry, including large and small companies, innovative startups, research centers, service providers, retailers and social partners.
as a Separate item presents a special strategy for small and medium-sized enterprises (SMEs) aimed at reducing red tape and the help of European businessmen in doing business in the single market of the EU and beyond, access to funding and assistance in the transition to digital and environmental transitions.
"Europe begins its ambitious transition to a green and digital technology in an increasingly unstable and unpredictable world. European industry has everything you need to lead the way, and we will do our best to support her," said European Commission President Ursula von der Leyen.
In particular, the new strategy provides for the adoption by the European Commission by mid-2020, the so-called "White book", which lists measures to eliminate the distorting effects, caused by foreign subsidies in the single market, and to solve the problem of access of foreign countries to public procurement the EU and EU funding.
European industry is a world leader in many sectors, representing 20% of the EU GDP and providing jobs to 35 million people.
In March 2019, the European Council called for the development of comprehensive long-term Strategy of industrial policy of the EU along with the holistic approach to a deeper and stronger single market.