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Digital Agenda: investment in digital economy holds key to Europe's future prosperity, says Commission report

(17/05/2010) Europe's digital economy is growing in strength, spreading throughout all sectors of the economy and reaching into all areas of our lives, according to the European Commission's Digital Competitiveness report published today.

Information and Communications Technologies (ICTs) have driven half of the productivity growth in Europe over the past 15 years. Six out of ten Europeans regularly use the internet. However, if Europe wants to fully exploit the potential benefits of the digital economy, it must step up a gear and provide faster broadband and an internet people trust, improve citizens' skills, and encourage even more ICT innovation. The European Commission will propose specific measures in these areas with its Digital Agenda for Europe, a flagship of the Europe 2020 strategy, to be launched shortly.

Digital Agenda Commissioner Neelie Kroes said: "Europe's digital economy is crucial to economic growth and prosperity. ICTs and high speed internet are as revolutionary in our lives today as the development of electricity and transport networks were over a century ago. But we need support for further internet development so that all citizens can benefit from the digital economy."

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