With its back against the wall, Europe is finally banking on competitiveness

With its back against the wall, Europe is finally banking on competitiveness
With its back against the wall, Europe is finally banking on competitiveness

The facts –

On January 15, the European Commission must adopt the recommendations of the Draghi report, then on February 26, present a pact for clean industry and “omnibus” legislation simplifying several regulations on companies, in particular the CSRD (on ESG reporting ), the duty of vigilance and taxonomy. Germany is putting strong pressure given its economic and political context. also wants to move quickly.

The start of 2025 is a “perfect storm” for European businesses. Slowdown in economic growth, possible American surcharges imposed by Donald Trump on European but also Chinese products, which would be redirected en masse towards the Old Continent; international and internal political instability, with the paralysis of the French and German executives. In this context, the new European Commission has competitiveness as its first priority. His roadmap “is the translation of the Draghi report” aimed at recovering Europe economically, underlines a senior European diplomat.

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