Industrial competitiveness of EU member states: some progress made, but many challenges still lay ahead

EU News 414/2013

MEMO/13/816
Brussels, 25 September 2013

Member States have made progress in improving the business environment, exports and sustainability. However, many problems still remain. The convergence between industrially most competitive countries and the moderate performers is at a standstill. Moreover, the cost of energy is increasing in almost all Member States, contributing to the de-industrialisation of Europe. Big roadblocks are also access to finance and a drop in investment in almost all Member States. For European industry to start flourishing again, the performance of public administration needs to be significantly improved as well.

Source and additional information:
http://europa.eu/rapid/press-release_MEMO-13-816_en.htm?locale=en

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