The European Union (EU) has long recognised the critical role startups and scaleup businesses play in driving economic growth, creating jobs, and fostering innovation across its member states.
The European Commission has adopted a list of 47 strategic projects which will boost EU strategic raw material capacities.
The EU’s Artificial Intelligence Act started to apply as of 2 February, laying down first rules including AI system definition, AI literacy, and a limited number of prohibited AI use cases.
The Commission launched a Biotech and Biomanufacturing Hub Thursday to support companies in bringing innovative products to the EU market and increase their competitiveness.
The EU Commission set out a major initiative Wednesday to strengthen EU competitiveness by boosting innovation and investment, securing access to raw materials and clean energy, and cutting red tape.
EU exports of spacecraft and space transport services totalled EUR1,340 million in 2022 after experiencing a 36% drop compared with 2021 (EUR 2,108m), according to figures from Eurostat.
EuroCommerce is calling for concrete actions, following release of the EU’s much-anticipated Competitiveness Compass and the 2025 Annual Single Market and Competitiveness Report.
