A new industrial revolution
Europe’s recovery from the economic crisis has been relatively slow and fragile. From the outset, the focus has been on improving public finances and strengthening Europe’s financial system. While these issues remain important, strengthening the real economy — industrial companies and other entrepreneurs delivering concrete goods and services — is ultimately the key to economic recovery. Moreover, with globalisation and intensifying competition from emerging countries, Europe’s long-term economic prosperity will depend on the strength of our industrial base; our economy cannot be based on... services and banks alone. The EU is a global leader in energy efficiency and foreign investment, but industrial performance across EU countries is not balanced. Fortunately, EU industry is a technology leader in many fields and has the potential to bring the European economy back to growth. This is the goal of Europe's industrial policy. This publication is a part of a series that explains what the EU does in different policy areas, why the EU is involved and what the results are.
- Corporate author(s): Directorate-General for Communication (European Commission) Themes: Activities of the institutions and bodies, Enterprise policy
- Subject: dissemination of EU information, economic growth, entrepreneur, entrepreneurship, innovation, joint venture, public awareness campaign
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