About
Individuals and businesses in the EU can only thrive if the economy works for them.
The EU’s unique social market economy allows economies to grow and to reduce poverty and inequality. Small and medium-sized enterprises are the backbone of the EU’s economy. It is essential to strengthen them, complete the Capital Markets Union and deepen the Economic and Monetary Union.
With Europe on a stable footing, the economy can fully respond to the needs of EU citizens.
20 March 2024 – The Commission has proposed a series of targeted actions to boost biotechnology and biomanufacturing in the EU, which are crucial for the competitiveness and modernisation of EU industry. The actions tackle the challenges and barriers faced by biotechnologies and address them, in line with the strategy on the long-term competitiveness of the EU. Among the proposed actions are regulatory simplification and a faster access to market, fostering public and private investments, strengthening biotech-related skills, as well as the acceleration of AI adoption in biotechnology in collaboration with stakeholders.
Building a strong social economy that is fair, inclusive, and responds to the needs of all EU citizens
Europe’s plan to address the most important challenges
Helping individuals and businesses develop more and better skills
Building a fairer and more inclusive European Union
Empowering European consumers to play an active role in the green and digital transitions
Ensuring that workers in the EU earn adequate minimum wages
Ensuring labour rights and social benefits for people working through digital labour platforms
Ensuring sustainable growth and public revenues
Supporting and empowering SMEs of all sizes and sectors
A plan to unlock funding for Europe’s growth
Timeline
- 20 March 2024
The Commission sets out actions to tackle labour and skills shortages
- 20 March 2024
The Commission takes action to improve the quality of traineeships in the EU
- 20 March 2024
The Commission proposes a series of targeted actions to boost biotechnology and biomanufacturing in the EU
- 27 February 2024
The Commission presents a new strategy to make the EU an industry leader in advanced materials
- 14 February 2024
The Commission monitors strengths and challenges of EU’s competitiveness in the 2024 Annual Single Market and Competitiveness Report.
- 10 February 2024
Political agreement on the reform of the EU’s economic governance framework
- 7 February 2024
- 24 January 2024
The Commission puts forward a trade and research package to strengthen the EU's economic security
- 24 January 2024
Proposal to revise the European Works Councils (EWCs) Directive to further improve social dialogue in the EU
- 1 January 2024
New rules to combat fraud on cross-border payments in the EU enter into force
- 27 December 2023
Anti-Coercion Instrument enters into force
- 14 December 2023
Political agreement on rules enforcing human rights and environmental sustainability in global supply chains
- 13 December 2023
Political agreement on improving working conditions in platform work
- 12 December 2023
Political agreement on new rules criminalising the violation of EU sanctions
- 12 December 2023
Political agreement on rules strengthening asset recovery and confiscation in the EU
- 21 November 2023
The Commission launches the 2024 European Semester cycle that helps identify economic and social challenges in the EU
- 6 September 2023
Presentation of a Communication on the digitalisation of social security coordination, to make access to social security services quicker and simpler across borders
- 28 June 2023
The Commission puts forward two proposals as part of the Single Currency Package
- 28 June 2023
The Commission puts forward proposals to bring payments and the wider financial sector into the digital age
- 20 June 2023
The European Commission and the High Representative propose a European Economic Security Strategy
- 20 June 2023
EU budget: The Commission proposes to reinforce long-term EU budget to face most urgent challenges, and completes its proposal for a next generation of own resources
- 13 June 2023
Sustainable Finance: the Commission takes further steps to boost investment for a sustainable future
- 13 June 2023
The Commission proposes ways to harness full potential of social economy for jobs, innovation and social inclusion
- 24 May 2023
The Commission presented its annual European Semester Spring Package
- 26 April 2023
New economic governance rules for a more resilient and competitive economy
- 18 April 2023
Banking Union: The Commission proposes reform of bank crisis management and deposit insurance framework
- 31 March 2023
NextGenerationEU: Disbursements under Recovery and Resilience Facility pass €150 billion mark
- 8 March 2023
The Commission sets out guidance to Member States on the conduct and coordination of fiscal policy for next year
- 25 January 2023
Presentation of an initiative to further strengthen and promote social dialogue at national and EU level.
- 1 January 2023
- 1 January 2023
Croatia joins the euro area
- 8 December 2022
Adoption of a series of measures to modernise the EU’s Value-Added Tax (VAT) system
- 7 December 2022
Capital Markets Union: new proposals on clearing, corporate insolvency and company listing to make EU capital markets more attractive
- 22 November 2022
Economic policy coordination: Commission sets out guidance to help tackle the energy crisis and make Europe greener and more digital
- 14 November 2022
- 12 October 2022
- 11 May 2022
- 23 February 2022
- 25 November 2021
- 12 October 2021
- 22 September 2021
- 6 July 2021
- 7-8 May 2021
- 24 March 2021
- 21 October 2020
- 27 May 2020
- 14 January 2020
Policy areas
Creating a deeper and fairer economic and monetary union
Boosting investment and creating jobs
A bridge to jobs for the next generation
A deeper and fairer internal market
The EU annual cycle of economic policy co-ordination
Ensuring that state-owned resources are not deployed to distort competition in the single market
Preserving financial stability in the EU, by protecting savers and investors
Macroeconomic forecasts for the EU and its Member States