A standard EU assure facility ought to strengthen European competitiveness by means of massive inexperienced investments and investments in areas comparable to synthetic intelligence.
It is a proposal from Minister of Enterprise Morten Bødskov (S). He’s in Brussels on Thursday, the place he’ll current the Danish thought at a gathering for EU international locations’ ministers answerable for competitiveness.
Thus, the Danish authorities is now partially unveiling Denmark’s response to the so-called Draghi report.
The report was offered by the previous head of the European Central Financial institution, Mario Draghi, in September, and it factors to monumental challenges for European competitiveness.
“The Draghi report emphatically states that the EU group is challenged in relation to investments in new know-how. Particularly inexperienced applied sciences and inexperienced transition,” says Bødskov.
The Draghi report factors out that the USA and particularly China are investing massively in inexperienced transition. And it’s taking place with much less paperwork and quicker entry to cash than within the EU.
Due to this fact, the Danish authorities proposes the institution of an EU assure facility. Right here, the EU, through the EU price range, will assist assure investments in, for instance, inexperienced infrastructure tasks. This could encourage non-public traders to hitch in and make investments non-public funds within the tasks.