Clean Industrial Deal and Competitiveness Fund the new Priorities of von der Leyen
Cristina Petrachi|Strategies
19 July 2024
A new “Clean Industrial Deal” within the first 100 days of the mandate to support the competitiveness of European businesses without compromising sustainability ambitions. Additionally, increased research spending, a new European Competitiveness Fund, Union of Savings and Investments, AI Factories, public procurement favoring European products, initiation of new IPCEIs, less bureaucracy, and risk absorption measures for venture capital. These are some of the main policy directions in economic development and competitiveness that will guide the new EU Commission over the next 5 years.
Presented yesterday by Ursula von der Leyen before the vote that reconfirmed her for another 5 years at the helm of the EU Executive, this is therefore a European Commission that “will be investment-oriented” and aims to “decarbonize and, at the same time, industrialize the economy,” as stated in the “Political Guidelines for the next European Commission 2024-2029” published on July 18.
A balance not always easy between competitiveness and sustainability (but necessary given the worsening climate crisis) that the new Commiss
