competitiveness

The upcoming EU Omnibus legislative package aims at simplifying requirements for sustainability reporting. As the first details emerge, a fierce dispute is already raging over what exactly should be included.

Everyone agrees that the EU is losing competitiveness. However, there is no consensus on how to reverse this, and make the EU more productive and innovative again. Vague solutions like reducing bureaucracy are not enough.

Germany's business model is in crisis. Structural reforms are overdue, but political parties are blocking each other. A national Future Council for the Economy could be a way forward.