Edition: International | Greek
MENU

Home » EU Actually

EU leaders slow down Green Deal to save industry and business competitiveness

The relation between industry and business competitiveness on the one hand and the green transition on the other was one of the key issues at the Summit last week.

By: N. Peter Kramer - Posted: Monday, October 27, 2025

Less regulation, less reporting on sustainability, more realism, more flexibility, and pragmatism are the new marching orders for the European Commission.
Less regulation, less reporting on sustainability, more realism, more flexibility, and pragmatism are the new marching orders for the European Commission.

N. Peter Kramer’s Weekly Column

In Brussels, EU leaders advocated for weakening or even eroding Timmermans’ Green Deal. They cited huge job losses in crucial sectors in automotive and chemical industries as arguments.

Less regulation, less reporting on sustainability, more realism, more flexibility, and pragmatism are the new marching orders for the European Commission. President Ursula von der Leyen has already gotten the message. At the request of the automotive industry, the ban on the sale and petrol cars will be relaxed next year, starting in 2035. But the adjustments VDL has already proposed to the tax on CO2 emissions from heating oil, gas, gasoline and diesel starting in 2027 don’t even go far enough for the leaders. Polish Prime Minister Donald Tusk applauded the fact that the summit’s final conclusions stipulate that the implementation must be revised.

The leaders also want to include the possibility of revising agreements if the competitiveness of EU companies deteriorates further. It is clear that many member states no longer see the green transition as a source of opportunities but rather as an economic threat in a world that is not following the EU in its too ambitious green policy.

READ ALSO

EU Actually

In foreign affairs, the EU is on the sidelines

N. Peter KramerBy: N. Peter Kramer

The European Union is increasingly on the sidelines. After the Russian invasion of Ukraine in 2022, the EU seemed to regain its role. It reacted quickly and unanimously with heavy sanctions against Russia.

Europe

Europe has ’maybe 6 weeks of jet fuel left’, energy boss warns

Europe has ’maybe 6 weeks of jet fuel left’, energy boss warns

Europe has "maybe 6 weeks of jet fuel left", the head of the International Energy Agency (IEA) has warned.

Business

Where Romania can build excellence: the sources of future competitiveness

Where Romania can build excellence: the sources of future competitiveness

Romania has been, for most of its recent history, a story of potential deferred. The standard account of Romanian competitiveness, to the extent one exists in international business literature, is a cost story: cheap labor, low corporate taxes, a large domestic market for Central and Eastern European standards.

MARKET INDICES

Powered by Investing.com
All contents © Copyright EMG Strategic Consulting Ltd. 1997-2026. All Rights Reserved   |   Home Page  |   Disclaimer  |   Website by Theratron