Mario Draghi delivers his report on the future of European competitiveness

President von der Leyen announced the commissioning of this report to Mr Draghi in her speech on the State of the Union 2023. The President has made the future of Europe’s competitiveness a priority, and committed to further reduce administrative burden and strengthen the Single Market.

The report looks at the challenges faced by the industry and companies in the Single Market. 

The findings of the report will contribute to the Commission’s work on a new plan for Europe’s sustainable prosperity and competitiveness. And in particular, to the development of the new Clean Industrial Deal for competitive industries and quality jobs, which will be presented in the first 100 days of the new Commission mandate.

Welcoming the report, President von der Leyen said: 

First, the only way to ensure our long-term competitiveness is to shift away from fossil fuels and towards a clean, competitive, and circular economy. Second, our efforts on competitiveness must go hand in hand with increased prosperity for everyone in Europe. All the transformations that we will set in motion must be fair. We can build on our very successful social model – the social market economy.

More information: 

Statement by President von der Leyen.

EU competitiveness: Looking ahead - text of the report

Press conference by European Commission President Ursula von der Leyen and Mario Draghi