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    25/09/2013  
 
   
Without a strong industrial base, Europe's economy cannot prosper

 
 

While industrial performance has stabilised, industry’s share in Europe’s GDP has declined from 15.5% of GDP one year ago to 15.1% in summer 2013.

The two industrial Competitiveness reports published today highlight that Member States have made progress in improving the business environment, exports and sustainability. However, many problems still remain.

The convergence between industrially most competitive countries and the moderate performers is at a standstill. For exampl,big roadblocks are access to finance and a drop in investment in almost all Member States. For European industry to start flourishing again, the performance of public administration needs to be significantly improved as well as the link between schools and companies.

Manufacturing has strong spill-over effects on the rest of the economy and especially on overall productivity. 80% of private innovation, ¾ of export and a substantial role in jobs creation come from industry. Action is needed to keep industry in Europe.

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We remain a long way from the 20% target for 2020 as put forward by the Commission in 2012. The Commission has taken several initiatives to address high energy prices, difficult access to credit, drop in investments, lacking skills, and red tape. And we will come forward later this autumn with an industrial initiative to go further and boost action in this field. This should be a catalyst in view of the February 2014 European Council in order to significantly strengthen the growth- and competitiveness for industry. The Commission will submit its contribution to the European Council in the next few weeks.


 
Vice-President of the European Commission Antonio Tajani    
 
 
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More News

Industrial competitiveness of EU member states: some progress made, but many challenges still lay ahead
25/09/2013

Creating seamless communication throughout the fashion supply chain
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EU - Russia co-operation on standardisation to open up markets
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Trade protectionism still on rise across the world
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Need for additional labelling of textile and leather products?
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Customs detain €1 billion worth of fake goods at EU borders
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Enterprise Promotion Awards 2013: focus on women and youth
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Winter 2012/13: Record growth in overnight accommodation
27/08/2013

Calculation of industry emission permits from 2013-2020
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EU Forest-based Industries: Unleashing their economic and societal potential
20/09/2013

Design helps businesses grow: Action plan to promote design-driven innovation
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Events

Building a business friendly public administration
29/10/2013 - Brussels

Launch of the second European Social Innovation Competition
11/10/2013 - Milan

Tourism – A Force for Economic Growth, Social Change and Welfare
17 - 18/10/2013 - Vilnius

CARS 2020 Public Hearing - Commission seeks to engage sector stakeholders
04/10/2013 - Belgium

REACH/chemicals: Workshop for SMEs - Exchange and discuss with other REACH actors
10/12/2013 - Brussels

Social entrepreneurs: Have Your Say!
16- 17/01/2014 - Strasbourg

Security in 2020: Meeting the challenge
20/11/2013 - Paris

The European Space Expo comes to Munich
05/11/2013 - Munich

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Contracts and Grants

Encourage better market surveillance across borders within the EU
30/10/2013

Information Centre for the EU GNSS programmes in Latin America
Deadline: 19/09/2013

Promotion and marketing of accessible tourism itineraries
Deadline: 22/10/2013

Mapping and performance check of tourism education and training
Deadline: 24/10/2013

Service contract - Galileo commercial service demonstrator
30/10/2013

Large-scale demonstrators of Copernicus and the European GNSS-based services
Deadline: 04/11/2013

Supporting emerging industries: Clusters and Entrepreneurship
Deadline: 17/10/2013

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Publications and studies

Enterprise and Industry Magazine
23/09/2013

ETIS: European Tourism System of Indicators for Sustainable Management


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Public consultations

Green Action Plan for small enterprises – Enhancing their international competitiveness
Deadline: 12/12/2013

European Commission seeks "Capital of Innovation"
03/12/2013

Revision of the harmonised classification and labelling on bisphenol A
Deadline: 11/10/2013

Best ways to open up more public data
Deadline: 22/11/2013

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Suggested readings

European Space Expo welcomes its 250.000th visitor in Vilnius!


Helping companies deal with international product regulations: 11th annual EU-China regulatory dialogue


Chemicals: REACH enforcement project: Performance needs to be improved


 
 
 

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