A New Industrial Strategy for Europe

Author (Corporate)
Series Details COM (2020) 102
Publication Date 10/03/2020
Content Type

Summary:

Communication published on 10 March 2020 by the European Commission, framing a package of initiatives relating to a reset of the European Union's industrial policy.

Further information:

The Strategy aims at supporting the EU's industry in handling the twin transitions towards climate neutrality and digital transformation, as well as driving the EU's competitiveness and autonomy at a time of moving geopolitical plates and increasing global competition. The package of initiatives outlines an approach to European industrial policy that is rooted in what are seen as 'European values and social market traditions'.

The 'New Industrial Strategy for Europe' sets out the key drivers of industrial transformation and proposes a set of actions to be put forward throughout the mandate of the College of Commissioners. Alongside this Communication, a package of other documents were also adopted by the European Commission:

The European Council called in March 2019 for a comprehensive and long-term EU industrial policy strategy, along with an integrated approach for a deeper and stronger single market. The need for such an agenda was reflected in the Political Guidelines of Ursula von der Leyen as President of the European Commission, the priorities set out by the Strategic Agenda 2019-2024, the European Green Deal and the European Commission's 'Strategy on Shaping Europe's Digital Future'.

Source Link Link to Main Source https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=COM:2020:102:FIN
Alternative sources
  • https://ec.europa.eu/info/files/commission-communication-new-industrial-strategy-europe
Related Links
Official
European Commission: Press Release, 10/03/2020: Making Europe's businesses future-ready: A new Industrial Strategy for a globally competitive, green and digital Europe https://ec.europa.eu/commission/presscorner/detail/en/ip_20_416
European Commission: Questions & Answers: European Industrial Strategy Package (10 March 2020) https://ec.europa.eu/commission/presscorner/detail/en/qanda_20_418
German Federal Ministry for Economic Affairs and Energy: Joint statement welcoming the European Commission’s Industrial Strategy (10 March 2020) https://www.bmwi.de/Redaktion/DE/Downloads/J-L/joint-press-statement-ec-industrial-strategy.pdf

News
EurActiv, 10/03/2020: EU announces ‘Clean Hydrogen Alliance’ for launch in the summer https://www.euractiv.com/section/energy-environment/news/eu-announces-clean-hydrogen-alliance-for-launch-in-the-summer/
Reuters, 10/03/2020: EU plans support for heavy industry's climate challenge https://www.reuters.com/article/idUSKBN20X21V
EurActiv, 11/03/2020: Commission resists competition reform plans until 2021 https://www.euractiv.com/section/digital/news/commission-resists-competition-reform-plans-until-2021/

Commentary and Analysis
EEB: Position, 02/03/2020: An EU Industrial Strategy for achieving the ‘zero pollution’ ambition set in the European Green Deal https://eeb.org/library/an-eu-industrial-strategy-for-achieving-the-zero-pollution-ambition-set-in-the-european-green-deal/
Politico: Special Reports, March 2020: Industrial Evolution https://www.politico.eu/special-report/europes-industrial-strategy-margrethe-vestager-thierry-breton-state-aid-european-champions-markets-competition/
ETUC: ETUC statement ahead of Commission proposal for an EU Industrial Strategy (9 March 2020) https://www.etuc.org/en/document/etuc-statement-ahead-commission-proposal-eu-industrial-strategy
Politico, 10/03/2020: Europe’s reheated industrial strategy https://www.politico.eu/article/europes-reheated-industrial-strategy-policy-european-commission/
EUObserver, 10/03/2020: EU unveils new industry plan, but is it green enough? https://euobserver.com/green-deal/147691
EurActiv, 11/03/2020: Can EU’s new industrial strategy accelerate Germany’s green transition? https://www.euractiv.com/section/energy-environment/news/can-eus-new-industrial-strategy-accelerate-germanys-green-transition/

ESO Records
Franco-German Manifesto ‘for a European industrial policy fit for the 21st Century’ (February 2019) https://www.europeansources.info/record/franco-german-manifesto-for-a-european-industrial-policy-fit-for-the-21st-century/
EU industrial policy at the crossroads: Current state of affairs, challenges and way forward [EPRS In-Depth Analysis, December 2019] https://www.europeansources.info/record/eu-industrial-policy-at-the-crossroads-current-state-of-affairs-challenges-and-way-forward/

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