Theodorikakos: A single European strategy for funding investment in industry

The Minister of Development, Takis Theodorikakos, today participated in the Joint Ministerial Meeting of the Council “Competitiveness” (Industry and Internal Market) and “Trade” in Warsaw, entitled: “Cohesion of Commercial and Industrial Policy: Maintaining and Strengthening the Global Competitiveness of E . In a more unstable international environment. “

Mr. Theodorikakos emphasized the need for all EU countries. have access to financial tools that will help them participate in the joint effort for strategic autonomy and a common European strategy.

“We point out the need for decisive action to avoid the erosion of the EU industrial base. And to ensure that all EU regions They share the benefits of a strong industry and that they are provided with the means, especially in terms of funding, to participate in the joint effort for strategic autonomy. “ He said characteristically.

The Minister of Development made special reference to Greece’s contribution to European security with the investment of Galli production – which ensures Europe’s autonomy in Gallium – and referred to important areas for the Greek economy such as the shipbuilding industry, the pharmaceutical industry and the agri -food.

In detail the position of the Minister of Development, Takis Theodorikakou:

“We point out the need for decisive action to avoid the erosion of the EU industrial base. And to ensure that all EU regions They share the benefits of a strong industry and that they are provided with the means, especially in terms of funding, to participate in the joint effort for strategic autonomy.

The promotion of integrated action plans for specific sectors, such as steel and metals, chemicals and the automotive industry, is important. We must also ensure that all the financial sectors, including the shipbuilding industry, the pharmaceutical industry and the agri -food industrial ecosystem that is important to Greece, have a powerful plan to achieve double transition and enhance EU competitiveness.

At the same time, we need a coordinated action to increase the level of integration of small and medium -sized enterprises into European and global value chains.

A special EU budget It is absolutely essential for the mobilization of the enormous volume of private investments required and to ensure equal conditions of competition in the EU Single Market, avoiding subsidies. We need to evaluate every opportunity, including EU lending, in order to enhance its productive potential in a balanced and competitive way. In addition, we believe that a significant proportion of revenue from pollutant emission rights should be channeled directly to industrial investment, providing the industry predictable and long -term funding.

We welcome the Commission’s Competitiveness Compassion, which we will have the opportunity to discuss more detail in the coming weeks. High energy prices, as specified in the compass, remain a critical factor that erodes citizens’ income, threatens business viability and requires immediate solutions. The Greek prime minister has already sent a letter to the President of the European Commission, with proposals for the internal electricity market, the safety of gas and the reduction of costs derived from the emissions of pollutants. “