The European Summit on Thursday 17 October gave little room to competitiveness. The heads of state or government are due to meet in Budapest on 8 November for a summit devoted entirely to the issue, in the presence of Mario Draghi. The result will be a joint declaration on a ‘Competitiveness Pact’.
There is an urgent need to take a serious look at this issue, as Estonian Prime Minister Kristen Michal pointed out: “Europe, as a Single Market, must be competitive with China and the...