Ekaterina Zaharieva © European Union 2026

The EU Commission has set out its plan for a new European Innovation Act to help Europe’s most innovative ideas be developed, financed and scaled up in Europe.

Electronics technology circuit- board - Image by Vlad Aivazovsky from Pixabay

The EU imported €478 billion worth of high-tech products in 2024, amounting to a small decrease of 0.2% compared with 2023, while exports reached €501 billion, up 8.1% from 2023