Industry and Growth
State of play
In a context of persistent economic crisis, Europe has seen its industry lose ground, with production falling by 10% and three million jobs lost when its partners or competitors have made progress.
There are reasons for this:
- Lack of a European dimension:
The lack of a genuine common industrial policy is at the root of Europe's deindustrialisation. It will not recover if the Member States continue to apply 28 different industrial policies competing with each other.
- Lack of major champions:
In the absence of a well-considered and coordinated economic policy,"competition" has become the alpha and omega of EU policy. These principles prevent the formation of large and efficient world-wide groups.
Europe has no other choice but to pursue two objectives in the service of the same ambition: to decide on a proactive industrial policy and to promote the economy of research and innovation.
- An industrial policy that fosters growth and employment:
Industrial policy must become a shared competence between the Union and the Member States to identify and coordinate efforts in innovative and promising sectors.
- A "smart competition":
In the interests of growth, competition must encourage and not hinder the creation of large European groups able of establishing themselves in the global economy, particularly in the green and digital sectors.
- A European "Small Business Act":
Investment is the engine of growth. Establishing rules specific to small businesses to promote their preferential access to credit and public procurement to facilitate investment is a simple and effective way to do this.
- An ambitious pro-innovation policy:
Funded in particular by project bonds, large-scale programmes are to be set up around enhanced cooperation between the major European research centres and industrial champions with world-class historical know-how.
Every day the EDP defends its ideas through various actions and asserts its positions. For example:
- In the European Parliament:
Izaskun Bilbao Barandica and Christophe Grudler, defend our ideas in the Committee on Industry, Research and Energy.
- In our Manifesto:
We have been defending these proposals for several years. They were already at the heart of our first program in 2004.