Industrial policy

The EU is undergoing a historic shift in economic and tech policy, embracing industrial policy to shape Europe’s digital future. However, public investments in large-scale AI risk reinforcing dominant players and undermining climate goals. Europe must align these investments with societal goals, tackle tech sector monopolies, and ensure innovation serves the public interest.

On 18 July 2024, European Commission President Ursula von der Leyen was elected for a second mandate and presented to the European Parliament her Political Guidelines for the next European Commission. A new European Commission will kick-off its work on 1 December 2024, after its approval by the European Parliament. We take a look at von der Leyen's promises for the first 100 days (and beyond) of the new European Commission.

Hungary's ambitious plan to reindustrialise hinges on bringing in hundreds of thousands of migrant workers. However, this strategy faces a significant hurdle: a society already grappling with deep-seated distrust, both among its citizens and towards the influx of foreign labour.

Explore the untold environmental and health risks of Hungary's rapidly growing battery industry. Our 2024 Climate Disinformation Fellow Péter Vigh uncovers government data that reveals the widespread presence of hazardous waste, raising serious concerns about the sustainability of an industry vital to the green transition. With battery production set to shape Hungary’s future, why are the dangers being kept in the dark?

There is a real risk that the European Green Deal will be weakened this new European policy cycle. What exact changes will be made to it? And will or won’t these changes ensure that we stay “the course on all of our goals”, as promised by re-elected European Commission President Ursula von der Leyen? Our new European Green Deal Risk Radar looks into that.

We are in the midst of a fundamental global political and economic re-ordering. Revisionist states are challenging the geopolitical order and questioning the territorial status quo in Europe and Asia. Economic competition on the world market is fierce, as evidenced by the struggles of traditional European industrial powerhouses such as Volkswagen and ThyssenKrupp. Cracks in the foundations of European prosperity are emerging. The days when Europe could outsource its security to the Americans, benefit from cheap Russian energy, and easily sell its goods to the world are ending. Europe needs to rethink its foundations. This means investing in decarbonisation, digitalisation, and defence. But this cannot be done on the cheap.

European Commission President Ursula von der Leyen tasked Mario Draghi, former President of the European Central Bank and former Italian Prime Minister, to write a comprehensive report on the state of the European economy. In this long-awaited report, the Italian economist provides a substantive analysis on how a changing geopolitical landscape, an energy shock, demographic change, climate change, and international competition put stress on the European economy and the European social model. We asked Sander Tordoir, Chief Economist at the Centre for European Reform, for his first reactions to the report.

In 2023, the European Commission published the first EU Space Strategy for Security and Defence, highlighting the need for a shared understanding and approach to space threats, and promoting global partnerships for responsible space conduct. Space technology plays a crucial role beyond military concerns, affecting our daily life globally. Disruptions to satellite infrastructure can lead to severe consequences, ranging from military incapability to supply chain breakdowns. Space has become a global focal point and a stage for geopolitical manoeuvring. Niklas Nienaß, a former MEP (Greens/EFA, Germany), has been a strong advocate for a cohesive EU space policy. We asked him three questions about the future of EU space policy.

Europe can die. This was the warning issued by Macron in his second Sorbonne speech. However, it is not only Europe that can die, but also its industry. So far, Europe is falling behind in the race for future markets such as green and digital technologies and biotechnology, and is instead becoming strategically dependent. The European Union must use the next legislature to build an industrial policy worth its name, even if this means a historic turn.

Five years after the European Green Deal was launched, Europe's economic strength and security are at stake. What lies ahead for the German and European economy? A conversation with Sandra Parthie and Roderick Kefferpütz.