On 29 January 2025, the Commission presented the Competitiveness Compass, the first major initiative of this mandate, providing a strategic and clear framework to guide the Commission's work. The Compass sets out the path for Europe to become the place where future technologies, services and clean products are invented, produced and marketed, while being the first continent to become climate neutral.

Over the past two decades, Europe has lagged behind other major economies due to a persistent productivity growth gap. The EU has what it takes to reverse this trend, with its talented and educated workforce, capital, savings, single market, and unparalleled social infrastructure, provided it acts swiftly to remove the long-standing obstacles and structural weaknesses that hold it back. More on ec.europa.eu