Commission building a brighter, better Europe

In 2013 and in the first part of 2014, the Commission will table a package containing about 50 new initiatives.

These initiatives will focus on bridging any gaps that have emerged in the region, as well as introducing reforms to the financial system and providing measures to stimulate the economy. All this will help pull Europe out of the economic crisis and ensure sustainable growth.

The new proposals will cover better stability, transparency and consumer protection in the financial sector. The Commission said this is based on a blueprint for a stronger economic and monetary union. Other objectives for the EU are to increase competitiveness through the single market and a coordinated industrial policy, and to slash VAT and invoicing costs for businesses.

The Commission also plans to foster solid public-private partnerships in research connecting Europe by freeing up energy networks. Greater broadband infrastructure investment, a revamping of the transport sector and more logistics support for individuals seeking work are also in the pipeline.

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