Memo: Sport keeps not only you, but also industry fit

The European Commission on 21 January 2014 published a memo about the impact sport has on European industry. With its € 294bn contribution to EU gross value added and 4.5 million people employed, the sector is considered a significant driver of growth.

To underpin the role of the sport-related economy as an economic driver to help European industry recover, Antonio Tajani, Vice President of the European Commission responsible for Industry and Entrepreneurship, and Androulla Vassiliou, the European Commissioner responsible for sport, co-chaired on 21 January 2014 a meeting of stakeholders on the economic importance of sport industry. The meeting represents a platform bringing together representatives of all sport-related economic sectors, clusters, academia and sport associations.

• Primary Source

European commission: RAPID: Speech, SPEECH/14/45: Why sport is a winner for the EU economy, jobs and health http://europa.eu/rapid/press-release_SPEECH-14-45_en.pdf

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