Europacable welcomes the report and will continue to promote European industrial competitiveness towards European regulators.
On 9th September, Mario Draghi presented his vision for boosting European competitiveness, calling for an additional €800 billion in annual investments to tackle low productivity and slow growth. The Draghi Report, which focuses on clean tech, decarbonisation, and electrification, is set to guide the new von der Leyen Commission’s policy initiatives for the next five years.
The report emphasises the critical role of electricity infrastructure in driving Europe’s industrial competitiveness and calls for urgent action to accelerate grid development. Key recommendations include streamlining permitting processes, enhancing planning and financing strategies for strategic infrastructure, and reinforcing funding for interconnectors and offshore projects. Importantly, the report urges a cooperative, EU-wide approach to boost grid buildout.
Regarding telecommunication infrastructure, the report focuses on the consolidation of players and infrastructures, reaching the 2030 goals on the deployment of competitive high-speed, low-latency, ubiquitous mobile and fixed broadband service and defining cut-off dates for existing copper networks.