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Europe Daily Bulletin No. 13856
NICOSIA SUMMIT / Competitiveness

European Parliament, EU Council and European Commission commit to finalising most urgent measures to boost EU competitiveness by end of 2027

On the sidelines of the informal meeting of European leaders in Cyprus, the president of the Republic of Cyprus, Nikos Christodoulides, and the presidents of European Parliament, Roberta Metsola, and the European Commission, Ursula von der Leyen, signed a ‘roadmap’ on Friday 24 April for achieving ‘One Europe, One Market’ by the end of 2027.

This agreement demonstrates the resolve of the three institutions to move forward together on a clear path. Against the backdrop of sustained geopolitical and economic volatility, this roadmap represents a decisive step to urgently strengthen Europe’s competitiveness, with concrete actions and targets for agreements, at the latest by end 2027”, says the EU Council in a press release.

The ‘roadmap’ commits the institutions to “targets for legislative proposals and agreement by the co-legislators, quarterly review to monitor progress, clear institutional responsibilities for all EU institutions in line with their prerogatives and regular stocktaking for full transparency”.

For Nikos Christodoulides, president of Cyprus, the roadmap “is a strategic necessity to reinforce Europe’s competitiveness, resilience, and long-term prosperity”. For Roberta Metsola, it “strengthens our capacity to withstand shocks, and it provides predictability to our citizens and businesses”.

These measures “will boost Europe’s economic growth, guarantee our digital transformation, and strengthen industrial resilience”, said Ursula von der Leyen in a press release.

Link to the final document: https://aeur.eu/f/lo3 (Original version in French by Solenn Paulic)

Contents

NICOSIA SUMMIT
EXTERNAL ACTION
SECTORAL POLICIES
ECONOMY - FINANCE - BUSINESS
COUNCIL OF EUROPE
NEWS BRIEFS
Op-Ed