Companies complaining Europe is losing competitiveness to regulation and energy costs
The European Union is searching for ways to restore the competitiveness of its industrial sector, which accounts for 20% of EU GDP, 35 mln jobs, and 80% of goods exports. Business leaders and policymakers speaking at the Polish-French Economic Forum in Katowice highlighted high energy costs, unstable regulations, and climate transition expenses as the biggest challenges facing European industry. Participants stressed the need for predictable regulations and better economic impact assessments before new laws are introduced. Companies also warned that stricter EU climate rules could disadvantage European firms against cheaper foreign competitors.
The European Commission plans major investments in clean industry, innovation, and affordable energy to strengthen Europe’s long-term competitiveness while continuing the green transition.