Slovenian state secretary demands urgent action to boost EU economic competitiveness
- Dejan Zidan highlighted the need for effective measures to enhance competitiveness in the European economy at a meeting in Brussels.
- Ministers discussed the EU Competitiveness Compass and the importance of simplifying regulations during the Polish presidency.
- Zidan called for reliable energy sources and support for the automotive industry to maintain competitiveness in global markets.
On March 13, 2025, Dejan Zidan, the State Secretary at the Slovenian Ministry of Economic Affairs, attended a pivotal meeting in Brussels with EU Ministers for Competitiveness. The ministers convened to discuss the urgent need to enhance the competitiveness of the European economy. Zidan articulated the challenges faced by the EU, emphasizing that a successful economy is essential for the Union. He pointed out the significance of the recently introduced EU Competitiveness Compass, which serves as a strategic framework for the work of the European Commission during its current mandate. Zidan presented a strong case for the swift adoption of practical measures and reforms to support the European industry. He suggested that during the forthcoming Polish presidency of the EU Council, there should be a focus on simplifying existing regulations instead of introducing new ones. This approach is seen as essential to foster a more favorable economic environment for smaller member states, which often struggle to compete in the larger European market. Emphasizing the necessity for targeted support, Zidan called for the European Competitiveness Fund to be accessible to all member states on equal footing. He believes that the new framework for state aid should effectively cater to the unique needs of diverse economies within the EU, ensuring that smaller nations are not left behind in favor of larger economies. Zidan also underscored the importance of having reliable energy sources at competitive prices, which is vital for industries to thrive amid global competition. The discussion touched on the action plan for the European automotive industry, which has been under intense scrutiny due to environmental regulations and the shift towards cleaner technologies. Zidan argued that public funding and support should not be withdrawn from this essential sector, as it plays a crucial role in the overall economic stability of the EU. The initiatives discussed reflect a broader recognition of the need for immediate and effective measures to ensure the competitiveness of the European economy in a rapidly changing global landscape.