On Thursday 26 September, the Hungarian Presidency of the EU Council invited Member States’ ministers for the Internal market and industry to pinpoint the elements of the ‘Draghi’ report that they considered most relevant. Hungary’s aim was to provide input for discussions on the future ‘Budapest Declaration’, or the ‘new competitiveness pact’, expected to be launched at the informal summit of heads of state or government on 8 November.
The EU27 agree on the main points of...