This week’s key events in European politics are highlighted by Euronews’ senior finance and defense reporter Jack Schickler. Some key dates to keep in mind include the European Parliament resuming work after the summer recess on September 2nd and President von der Leyen delivering a keynote speech at the Bled Strategic Forum in Slovenia on the same day. Former Italian Prime Minister Mario Draghi is set to present his findings on competitiveness to the European Parliament on September 4th, with the report itself to be published shortly after. This report comes at a crucial time of institutional renewal, as von der Leyen sets out structures and portfolios for her second term.
Draghi’s report on European competitiveness has been highly anticipated, especially given the increasing focus on the topic by von der Leyen in her political guidelines for her second term. The report is expected to address challenges posed by global competitors like China and the US who engage in unfair competition through massive subsidies to low-carbon technologies. Draghi’s proposals are likely to emphasize the need for transforming the EU economy, focusing on areas like defense, telecoms, finance, and energy, as well as securing essential resources. This comes in the wake of concerns about the impact of EU green laws on growth and the need for Europe to strengthen economic growth.
The issue of competitiveness in the EU has been a recurring theme, as seen in previous reports by former Italian Prime Minister Enrico Letta. The duplication in recommendations may stem from institutional squabbling within Brussels, as different bodies and officials provide input on the same topic. Despite potential resistance from EU member states, Draghi’s findings are expected to set the tone for the next mandate and influence the appointment of key roles related to economics and competitiveness in the European Commission. The battle for these roles is intense, reflecting the recognition that competitiveness will be a central theme for the next five years in the EU.
In terms of potential policy newsmakers, the next ‘Green Guru’ in Brussels is under speculation. Teresa Ribera of Spain and Danish Dan Jørgensen are seen as strong contenders for overseeing a significant green portfolio in the European Commission. Ribera’s experience as Minister for Ecological Transition and Jørgensen’s background in global climate policy position them as key candidates to address environmental challenges in the EU over the next five years. The competition for this role reflects the growing importance of environmental issues on the European agenda and the desire of member states to prioritize climate action. The selection of the next ‘Green Guru’ will be closely watched as the EU continues its efforts towards sustainability and environmental protection.
