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PRESS POINT about Conclusions of the Competitiveness Council on the Car sector crisis and on the Industrial Policy

Monday 10 December, at 14.00

Correspondents are invited to take part in a

PRESS POINT with Vice President Tajani press room at the Council.


Conclusions of the Competitiveness Council on

the Car sector crisis and on the Industrial Policy


Background on Car sector Crisis:

On Monday, in occasion of the 2nd Competitiveness Council under the mandate of the Cyprus EU Presidency, European Commission Vice President Tajani, responsible for Industry and Entrepreneurship, will discuss with the European Ministers the current automotive crisis.  The Council will be chaired by Neoklis Sykikiotis, Minister of Commerce, Industry and Tourism of Cyprus. This discussion follow a series of meetings with stakholders and Ministers.

The depressed levels of sales currently experienced on almost all European markets have exacerbated the structural problem of overcapacity in the European automotive industry. Ministers will look at actions in the field of state-aid control and social impact of the restructuring process and the Commission is expected to make a strong call for European coherence of national measures in support of the automotive industry.

With 12 million sector-related jobs the automotive industry is vital for Europe's prosperity and job creation. The EU needs to maintain a world-class car industry, producing the most energy efficient and safe vehicles globally and providing high-skilled jobs to millions. To make this happen, the European Commission tabled on 8 November the CARS 2020 Action Plan aimed at reinforcing this industry's competitiveness and sustainability heading towards 2020.

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Background on the industrial policy

In the presence of Vice-President Tajani ministers will be invited to adopt Council Conclusions on the revised industrial policy of the Commission. The text will also highlight a number of sectorial illustrations of this new approach.

Europe needs its real economy now more than ever to underpin the recovery of economic growth and jobs and it needs to reindustrialise for the 21st century. Immediate action should contribute to revert the current downward trend and to promote the re-industrialisation of Europe. Currently industry accounts for about 16% of EU GDP. Therefore, the European Commission has set its goal that industry's share of GDP should be around 20% by 2020.

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Last update: 31/03/2014 |  Top