Digital economy: EU’s opportunity to regain competitiveness

Ahead of the European Commission publishing its digital single Market strategy, European business urged the EU not to miss the opportunity to recover a competitive edge in the digital economy. Achieving a digital single market could bring 1.25 trillion euros of added value to Europe’s manufacturing industry by 2025, create 3.8 million skilled jobs and ensure that Europe remains a world leader in information and communication technology. Not acting can mean losing 10% of Europe’s industrial base. “We expect the strategy to be adopted by the Commission to grasp the opportunities that digital technology brings to our economy. We cannot afford to stay behind in this global race”, said Director General Markus J. Beyrer.