Wednesday22 January 2025
tarasua.com

Ursula von der Leyen announced a new strategy for the EU at the WEF 2025.

"We need to enhance Europe's competitiveness, simplify business operations, and reduce bureaucracy," stated the key points of the European Commission President's address.
Урсула фон дер Ляєн анонсировала новую стратегию для ЕС на Всемирном экономическом форуме 2025 года.

During the World Economic Forum, European Commission President Ursula von der Leyen unveiled a strategy that will guide the development of the European Union over the next five years. The main focus areas include bridging the innovation gap, decarbonization, creating a single market for businesses, and achieving energy independence.

This was discussed at WEF 2025 in Davos.

1. Development of an Efficient Capital Market

Von der Leyen highlighted the issue of fragmentation in the European capital market, emphasizing the need to establish a deep and liquid capital market in Europe. According to her, while European households' savings reach €1.4 trillion, much of this capital is invested outside the EU due to a fragmented financial system.

“European companies are eager to tap into these savings, but our capital market is ineffective,” von der Leyen stated. She announced the creation of a new European Savings and Investment Union, which will help remove barriers to financing and stimulate investments in tech startups and the innovative clean technology sector.

2. Simplifying Business Operations and Removing Bureaucratic Barriers

The next crucial direction of the strategy is to reduce bureaucratic hurdles for businesses. Ursula von der Leyen acknowledged that excessive bureaucracy hinders investments in Europe and drives talent to seek opportunities outside the continent.

“We need to significantly ease doing business in Europe. Too many of our top talents are leaving the European Union because it is easier to grow their companies in other countries,” she noted. To address this, a so-called 28th regime will be implemented to eliminate national barriers in corporate law, taxation, and regulation.

“One system for the entire Union will simplify business operations and enable European companies to compete on a global scale,” von der Leyen added.

3. Energy Security and Development of Clean Energy

On the issue of energy security, Ursula von der Leyen emphasized the importance of reducing dependence on Russian energy resources following the outbreak of the war in Ukraine. She pointed out that Europe has already significantly decreased gas imports from Russia, but this has been accompanied by high energy prices, affecting economic competitiveness.

“Now, competitiveness depends on returning to low and stable energy prices,” von der Leyen remarked. She called for investments in clean energy sources, including wind and solar power, as well as the development of new technologies such as nuclear fusion to strengthen Europe’s energy independence.

These initiatives, according to Ursula von der Leyen, will form the foundation of a new plan to be presented in February this year.

Background. Previously, Mind reported that experts at the forum discussed geopolitical risks for the American currency: “the dollar should be a symbol of stability, not a tool of threats.”