Brussels – The competitiveness of the European financial system is as soon as once more on the forefront of European establishments’ curiosity. This was said to the TASR correspondent by the Secretary of State of the Ministry of Economic system of the SR Vladimír Šimoňák after Thursday’s assembly of the EU Council for Competitiveness in Brussels.
Šimoňák recalled that the current report by Mario Draghi on the way forward for EU competitiveness additionally contributed to this state of renewed curiosity on this space. On the similar time, on behalf of the Slovak authorities, he expressed satisfaction that the Slovak Euro-commissioner Maroš Šefčovič, within the new EU government, will probably be accountable, amongst different issues, for commerce coverage and financial safety, which is straight linked to competitiveness points.
“We’re glad that the European Fee is approaching this matter in such a method. Slovakia, as an industrial nation, has an important curiosity in making certain that the EU is as soon as once more a horny place for enterprise, particularly for export-oriented sectors, so we’re happy that at present there was a fantastic diploma of settlement amongst member states that we urgently have to do one thing to make the Union aggressive once more on a world scale,” defined the Secretary of State.
The Council of Ministers definitively adopted the regulation on emergency conditions and inside market resilience (IMERA), which in accordance with Šimoňák is the completion of the legislative course of that started throughout the brand new coronavirus pandemic and is a response to the occasions throughout it. “We’re glad that it’s accomplished, however it isn’t what is going to assist us to face up to sooner or later. It’s going to assist us get vitality costs underneath management and a few unfair practices by which massive international gamers compete with the EU and likewise cut back the regulatory burden for entrepreneurs, each massive and small and medium-sized enterprises,” Šimoňák described the state of affairs.
Based on him, the largest challenges the EU should face as shortly as potential are associated to the automotive business. “There, as we see, acute disaster phenomena have been rising not too long ago and we’ve to do one thing about it if we wish the European automotive business to nonetheless be European in a couple of years,” he warned, including that this matter was pushed onto the agenda by the present Hungarian presidency of the EU Council. (September 26)