With the release of the Competitiveness Compass this week, the European Commission has once again committed to cutting red tape. The ambition is commendable, but for real impact, the EU needs to avoid usual siloed, incremental actions and draw from best practices from across Europe.
"Global Gateway" is the EU’s €300 billion initiative to boost "smart, clean, and secure" links in digital, energy, and transport sectors worldwide, supporting emerging economies. Program's success depends on adopting new ideas, methods, and cutting bureaucracy to compete with global powers.
Elon Musk's position on AI regulation aligns more closely with the EU than with the general MAGA narrative. Time will tell whether this stance was principled and continues or whether it was aimed at certain industry players with whom Musk has had disagreements.
With the tumultuous Hungarian presidency of the Council of the EU slowly coming to an end, all eyes are now on the next — Polish one.
