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flag EU plans "Competitiveness Compass" to boost economy, facing both support and criticism.

flag The European Commission plans to unveil its "Competitiveness Compass," aimed at boosting EU economic competitiveness against China and the US. flag It will include simplifying business regulations, offering more subsidies, and favoring European bidders on public contracts. flag Key areas focus on innovation, clean technology, and reducing dependency on foreign raw materials. flag The initiative, while welcomed by some, faces criticism for potentially undermining environmental standards and social protections.

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