European Parliament - Eprs Policy Podcasts

Through its industrial policy, the European Union (EU) has been striving to create conditions conducive to increasing industry growth and competitiveness since 1992. European industry remains a cornerstone of the economy, providing one job out of five and is responsible for the bulk of EU exports and investment in research and innovation. Today, the aim of EU policy is to enable a successful transformation towards a digital, knowledge-based, decarbonised and more circular industry in Europe. To reach this goal, the EU supports, coordinates or supplements Member State level policies and actions, mainly in the areas of research and innovation, SMEs and digital technologies. In a recent Eurobarometer poll conducted for the European Parliament, more than half of EU citizens expressed support for increased EU action on industrial policy. Despite this, it is still the least understood policy area covered in the poll. Since 2014, efforts have been made in a number of areas, including investment (mainly through the E