|Series Title||Links Dossier|
|Publication Date||November 2014|
|Content Type||Key Source, News|
The European Commission sought to break with years of inaction on industrial policy when it unveiled a new strategy in 2012, promising a "new industrial revolution".
The strategy's headline goal is to raise industrial activity to 20% of EU gross domestic product by 2020, compared to just over 15% today, taking it back up to pre-crisis levels.
The policy is calling for short-term, focused investment in key industrial sectors with high growth prospects, including clean technologies.
However, activists fear the push to “streamline” industrial concerns in all other policy areas will come at the expense of environmental regulations, and sometimes consumers.
|Subject Categories||Business and Industry|
|Countries / Regions||Europe|