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News Wire / economy

EU Aims for 20% Industry Share by 2035

RTS La 1ere Brussels 15d15d Impact 8
The European Commission presented a draft law in early March to stimulate European industry, which still needs to be adopted by member states and the Parliament. The objective is for industry to account for one-fifth of European GDP by 2035, up from less than 15% today. This could be achieved by removing administrative barriers and simplifying bureaucracy. The European Union has set a target to increase its industrial sector's contribution to GDP to 20% by the year 2035. This initiative aims to bolster the bloc's manufacturing and industrial capabilities. The target was discussed in the context of ongoing economic challenges. This ambitious goal aims to bolster the EU's manufacturing sector and economic competitiveness on the world stage.

Topics

industrial policy economic growth EU regulation

Developing

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Sources · 7 independent

RTS La 1ere

“Début mars, la Commission européenne présentait son projet de loi pour stimuler l'industrie européenne, un texte qui doit encore être adopté par les Etats membres et le Parlement, un Pk le juge discriminatoire. Objectif affiché de ce texte, faire en sorte que l'industrie pèse pour un cinquième du produit intérieur brut européen d'ici 2035 contre moins de 15% aujourd'hui, et là, il y aurait trois façons d'y parvenir. D'abord, lever les barrières administratives et simplifier la de la bureaucratie.”

VRT Radio 1

“De vakbonden kunnen in principe vanavandaag al actie voeren. verschillende klimaatorganisaties hebben...”

Radio Romania Intl

“Ministre Europenea a agriculturii au reluat astăzi la Bruxelles discuția despre amunarea taxerii suprimentare a îngrășemintele-lor importate în uniunea europeană”

Radio Romania Intl

“În paralel, statele membre discută și despre viitoarea politica, agricolă, comună și fondurile rezervate. Sp. pentru pălățile directe există țării.”

BR24

“dürfte es wieder deutlich nach oben gehen, vermuten die SIPRI-Forscher, Auf Wiedersehen!”

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