European Commission Vice President Antonio Tajani, responsible for Industry and Entrepreneurship said: "Europe's economy cannot survive in a sustainable way if it cannot rely on a strong and profoundly reshaped industrial base. All efforts need to be undertaken to secure a modern, resource efficient, competitive and robust industry in Europe."
Whilst anyone can submit ideas, the Commission is particularly interested in hearing from businesses, employers' organisation, trade unions, consumer bodies, as well as member states and regional administrations.
Deadline for submissions is 7 August 2012.
Ways of radically reshaping European industry to make it robust, sustainable, and growth-oriented were discussed during a high level conference in Brussels on 29 May. The focal point being how to boost industrial competitiveness and innovation capacity to generate growth and create jobs in Europe.
Addressing the conference, Commission President Barroso said: "We will not have sustainable growth as long as we have unsustainable debt. We are starting to see a rebalancing of the European economy. Deficits are falling across Europe and this is the best way to build confidence and cut borrowing costs. We must remember that every euro we save on servicing debt is a euro available for jobs and investments."