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BackThe European Union is facing complex industrial and transformation policy challenges. The CID is intended to address these issues. While the identification of key problem areas, including the innovation gap, high energy costs, limited fiscal leeway, and a lack of coordination, is fundamentally correct, there is a lack of effective measures to overcome these obstacles. A key issue is the fragmentation of industrial policy, with different policy goals often standing side-by-side yet unconnected.
From AK's point of view, sustainable competitiveness requires a focus on people and that investments in the future are finally driven forward. Establishing and strengthening European value chains in key areas is essential. Labour and co-determination rights must be anchored in transformation management. Publicly funded projects should include location and employment guarantees and be linked to social objectives. RTI policy must be strategical and mission-oriented. Furthermore, the EU must strengthen its global pioneering role in the circular economy.

Michael Soder
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Peter Hilpold
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Florian Wukovitsch (Brussels office)
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