Peter Adrian_Reaktion
Reaction Translated from German with AI assistance

Competitiveness and future investment must take priority

DIHK President Peter Adrian on the EU summit

Ahead of the European Council on October 15 and 16, the German Chamber of Commerce and Industry (DIHK) is calling for a clear commitment to greater competitiveness and a forward-looking EU budget that strengthens growth, innovation, and investment.

14.10.2026 - “Europe now needs an economic policy course that again allows companies greater scope for investment, innovation, and growth. This is especially true for the next Multiannual Financial Framework. A sustainable EU budget is not measured by its size, but by whether it strengthens Europe’s economic and geopolitical capacity to act. For this, more funds are needed for innovation and competitiveness, a more efficient use of European funds, and a more consistent focus on growth. Budget items that support these goals must not fall by the wayside in the negotiations. At the same time, European funds must flow more strongly to where quality, prospects for success, and European added value are greatest. In this way, the EU budget will become an effective lever for Europe’s investment and competitiveness.”

Relevant in topic:
Key areas:
  • Growth
  • Reducing Bureaucracy
  • Financing
This English version is provided for convenience only.
It has been translated with the assistance of AI.
No guarantee is made as to the accuracy or completeness of the translation.

Contact

Schraff, Susanne_test

Susanne Schraff

Spokesperson