Extracts from the press conference by Antonio Tajani on the "Industrial Policy Communication Update – A contribution to growth and economic recovery"

Type: Summary of press conference   Reference: I-074837   Duration: 10:02:51  Lieu:
End production: 10/10/2012   First transmission: 10/10/2012
On 10 October 2012, Antonio Tajani, Vice-President of the EC in charge of Industry and Entrepreneurship, gave a press conference entitled Industrial Policy Communication Update - A contribution to growth and economic recovery", in Brussels. Europe needs to reverse the declining role of industry for the 21st century with the aim to deliver sustainable growth, create high-value job and solve societal challenge that we face. Immediate action should contribute to reverse the current downward trend from its current level of 15.6% of EU GDP to as much as 20% by 2020. Therefore the Commission proposes a number of priority actions to stimulate investments in new technologies, to improve the business environment, to access to markets and to finance, particularly for SMEs, and ensure that skills meet industry’s needs. Europe's industry is well placed to assume this role: Europe is a world-leader in many strategic sectors such as automotive, aeronautics, engineering, space, chemicals and pharmaceuticals. Industry still accounts for 4/5 of Europe's exports and 80% of both Europe's exports and of private sector R&D investment comes from manufacturing. If confidence comes back, and with it new investments, Europe's industry can perform better and start growing again. This is the core message of a communication tabled Antonio Tajani. The actions proposed by this Communication should also contribute to reduce competiveness gap across Member States and EU regions.

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TIME DESCRIPTION DURATION
10:00:00 Title 00:00:05
10:00:05 Arrival of Antonio Tajani, Vice-President of the EC in charge of Industry and Entrepreneurship, to the press conference entitled "Industrial Policy Communication Update - A contribution to growth and economic recovery", in Brussels 00:00:06
10:00:11 Soundbite by Antonio Tajani (in ITALIAN) saying that this is a real and genuine industrial policy strategy whose objective is to annex a figure of 20 policies that is together with other 2020 objectives. 00:00:34
10:00:45 Cutaway of a journalist taking notes 00:00:04
10:00:49 Soundbite by Antonio Tajani (in ITALIAN) saying that they want to aim at a number of targets. One has to do with investment in industry to bring it back to pre-crisis levels by 2015 in order to obtain the figure of 23% of GDP by 2020. Investments in machine and equipment are to be brought back of pre-crisis levels in 2015 and up to 9% by 2020. They want to move from the figures of 21% to 25% of GDP for trade and goods in the internal market by 2020. 00:00:37
10:01:27 Cutaway of the speakers 00:00:03
10:01:30 Soundbite by Antonio Tajani (in ITALIAN) saying that in order to bring the overall figure to 20%, they have identified a strategy based on four pillars. The first pillar has to do with the facility to invest in new technologies and to innovate; the second one has to do with access to market; the third one involves access to finance and to markets. The fourth one has to do with human capital. 00:00:38
10:02:09 Cutaway of the audience 00:00:03
10:02:13 Soundbite by Antonio Tajani (in ITALIAN) saying that all this action aims to use and focus the EU's investment capacity on the obtainment of their objectives and the 4th chapter regarding human capital, and again here in harmony with the other Commissioners, they should be working in order to promote training to enhance their skills because entrepreneur skills and a generally high level of qualifications are important. 00:00:38
10:02:51 Antonio Tajani leaving the press conference 00:00:05
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