The EU Chips Act proposes to build on Europe’s strengths and address outstanding weaknesses, to develop a thriving semiconductor ecosystem and resilient supply chain, while setting measures to prepare, anticipate and respond to future supply chain disruptions.
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The EU Chips Act proposes to build on Europe’s strengths and address outstanding weaknesses, to develop a thriving semiconductor ecosystem and resilient supply chain, while setting measures to prepare, anticipate and respond to future supply chain disruptions.
The Single Market is a cherished achievement of European integration. Yet, while paying notional respects to its integrity and progress, the past years have witnessed only very limited effort in its deepening. What are the real macro-economic effects of the Single Market on the EU and the Member States? What are the benefits of further deepening and what are the areas the EU should focus on? What are the most common barriers on the Single Market and how to tackle them?
Achieving the digital transition is a fundamental challenge for the European Union in order to maintain a high level of business competitiveness. Winning this challenge is also decisive for global competition, for what could be defined as the maintenance of "digital sovereignty".
This opinion will assess the chances and challenges that SMEs face due to the green transition and will call the EU and the Member States to provide them with a favourable business environment, proper funding and support measures.
Already for some time and especially since spring 2021, widespread and abrupt chip shortages have been dragging down industrial output across the EU. Sectors like automotive, consumer electronics, 5G technologies, industrial equipment, and medical devices are severely impacted. The drop comes despite a surge in manufacturers' order books and is seriously hampering the post-COVID economic recovery.