Today, the European Commission presented its Competitiveness Compass for the EU. The Compass sets out a list of actions to be taken in the next five years so Europe can regain its competitive edge. Renew Europe welcomes the document but is now awaiting actual legislative proposals.
João Cotrim de Figueiredo (Liberal Initiative, Portugal) said:
"We welcome the publication of the Competitiveness Compass. It echoes the concerns and remedies of the Draghi Report that Renew Europe saw as a lucid and courageous wake-up call. It also conveys a sense of urgency through expressions such as "It is time to turn to action". But the Draghi Report was published almost six months ago, and this Compass runs the risk of amounting to nothing more than words - if not backed up by urgent and concrete reforms that invert Europe's "slow agony." We urge the European Commission to act quickly and decisively towards a more competitive, innovative, integrated, and less complicated Europe. There is no time to lose."
Renew Europe will regularly monitor the progresses made on the Draghi report.
