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ARTICLE · 10 FEBRUARY 2025

EU Commission Unveils Competitiveness Compass For The EU

Arendt & Medernach
Arendt & Medernach
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Arendt & Medernach

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On 29 January 2025, the European Commission published the Competitiveness Compass for the EU, a 27-page communication outlining the Commission's priorities for the next five years.

European UnionCorporate/Commercial Law
Philippe-Emmanuel Partsch
Philippe-Emmanuel Partsch
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On 29 January 2025, the European Commission published the Competitiveness Compass for the EU, a 27-page communication outlining the Commission's priorities for the next five years. The overarching aim is to restore Europe's competitiveness by building on the conclusions set out in the Draghi report.

The Compass is focused on three main priorities: (i) closing the innovation gap, (ii) creating a roadmap for decarbonisation and competitiveness and (iii) reducing excessive dependencies and increasing security.

These priorities will be supported by five horizontal enablers that will apply across all policies and sectors, as described below.

Simplification

The Compass promises an "unprecedented simplification effort" to reduce the regulatory burden, led by the new Commissioner for Implementation and Simplification, Valdis Dombrovskis.

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