EU Commission sets outlines of future industrial policy
August 31, 2010In a meeting on September 1, the Commission discussed its plans for EU’s industrial policy that will be presented on October 13. When a few years back a common EU Industrial policy proofed difficult, because of recent issues regarding the euro, internal market, and discipline with regards to State Aid in addition to the expected 18% growth in Asian countries compared to only 2 % in the EU, the winds have changed. Commissioner for Industry, Antonio Tajani indicated five areas as the main focus of the EC : 1. improvement of access to credit especiaaly for SME’s; 2. reinforcement of the internal market; 3. less bureaucracy; 4. better and more sustainable infrastructures for transport and energy; 5. create more synergies between centres of excellence and industry.