Opening remarks by President von der Leyen at the joint press conference with President Michel following the meeting of the European Council of 27 October 2023.

European Commission
Statement
Brussels, 27 October 2023

 
We had a very dense discussion this morning with a multitude of subjects, so I will choose a few and report on those. Indeed, we started the day with a very good discussion about Europe's economic competitiveness. And here, I would report on four different strands. First, it is so important to continue to build on our strengths – and we have many strengths. In other words, we have to focus on the areas where we already have a competitive edge, or where we could take the lead. And for this, our industrial and our energy policies are putting us on the right path. You are familiar with the elements. For example, the Net-Zero Industry Act or the Critical Raw Materials Act. But also now the reform of the electricity market is important to drive the production of renewables up, and thus the energy prices down. And I very much welcome the agreement that we have found this week in Council, so now we can proceed with that reform. And there is the platform, that we called STEP, for strategic...
 
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