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EU plans "Competitiveness Compass" to boost economy, facing both support and criticism.
The European Commission plans to unveil its "Competitiveness Compass," aimed at boosting EU economic competitiveness against China and the US.
It will include simplifying business regulations, offering more subsidies, and favoring European bidders on public contracts.
Key areas focus on innovation, clean technology, and reducing dependency on foreign raw materials.
The initiative, while welcomed by some, faces criticism for potentially undermining environmental standards and social protections.
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La UE planea "Competitiveness Compass" para impulsar la economía, enfrentando tanto apoyo como críticas.