Joint Conclusions on Policy Objectives and Priorities for 2025-2029
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Summary
The Joint Conclusions set shared priorities for competitiveness, investment and the Single Market. They call for fewer barriers to doing business, reduced administrative burdens and a harmonised legal regime for companies operating across the EU. Innovation, better use of data, support for startups and investment in frontier technologies are presented as ways to improve productivity. The conclusions connect this agenda with decarbonisation, stronger strategic sectors, energy sovereignty and lower energy prices. They retain the commitment to climate neutrality and a just transition that supports social cohesion and equity.
Action items
1–4 of 4 items
Source order · D = digital dimension- Item 1
We will take decisive action to ensure Europe’s continued prosperity by boosting long-term competitiveness following the direction set in the Competitiveness Compass, which draws on the recommendations contained in the Draghi report. We are determined to fully exploit the potential of the Single Market and overcome remaining barriers, including through the new European Savings and Investments Union, building on the Letta report.
- Item 2
We are committed to making it easier and faster to do business in the EU, including for SMEs, to creating quality jobs and to providing swift relief to companies by urgently reducing administrative burden, and achieving a far-reaching simplification of European legislation by prioritising the related proposals. We will provide a harmonised legal regime of EU-wide rules for companies wherever they invest and operate in the Single Market.
- Item 3
We will encourage innovation by European businesses by harnessing the potential of data, giving circularity and technological neutrality a much more prominent place in our economy, supporting start-ups and investing in frontier technologies to close our productivity gap with other economies. We will stay on course with the goals of reaching climate neutrality in the Union by 2050, boosting our competitiveness and committing to a just transition promoting social cohesion and equity.
- Item 4
We commit to decarbonising our economy, boosting strategic sectors, strengthening strategic energy sovereignty and bringing down energy prices.