22.07.2024
News
In a decisive vote of confidence, Ursula von der Leyen has been re-elected as the President of the European Commission. This marks the continuation of her leadership at a pivotal time for the European Union. Her re-election signifies a commitment to furthering the EU’s strength, competitiveness, and industrial prowess on the global stage.
Strengthening European Unity and Global Influence
During her first term, von der Leyen made significant efforts to strengthen European unity and resilience, especially in response to the COVID-19 pandemic and geopolitical challenges. Her leadership during these crises has been widely recognised, as she initiated initiatives such as the €750 billion recovery fund to revive European economies. In her second term, she is expected to continue advocating for policies that promote solidarity among member states and enhance the EU’s global influence.
Enhancing Competitiveness in a Global Economy
A key focus of von der Leyen’s agenda is to ensure that Europe remains competitive in an increasingly complex global economy.
It is crucial to focus on the importance of a strong industrial base for Europe’s economic health. During her second term, she is expected to advance policies that support industrial innovation, digitalisation, and the transition to a green economy. This involves fostering innovation, investing in digital infrastructure, and supporting sustainable growth.
This includes enhancing the competitiveness of traditional industries while nurturing the growth of emerging sectors such as renewable energy, biotechnology, and advanced manufacturing.
The Green Deal is a cornerstone of her strategy, with the aim of making Europe the first climate-neutral continent by 2050.
Addressing Strategic Dependencies
A significant part of her strategy involves reducing Europe’s strategic dependencies on non-EU countries for critical technologies and resources. By promoting the development of homegrown industries and securing supply chains, von der Leyen aims to make Europe more self-sufficient and resilient to external shocks. Initiatives like the European Chips Act, aimed at boosting semiconductor production within the EU, are examples of her commitment to this cause.
Conclusion
Ursula von der Leyen’s re-election as the President of the European Commission heralds a new chapter of continuity and ambition for the European Union. Her focus on unity, competitiveness, and industrial strength positions Europe to navigate future challenges.
A forward-looking Europe is what we expect.