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New publication💡
In this @DelorsInstitute paper I discuss how Important Projects of Common European Interest (#IPCEIs) can be transformed from largely national ad hoc exercises into a key instrument of EU industrial policy fit for the long run. 👇
institutdelors.eu/wp-content/upl…
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In this @DelorsInstitute paper I discuss how Important Projects of Common European Interest (#IPCEIs) can be transformed from largely national ad hoc exercises into a key instrument of EU industrial policy fit for the long run. 👇
institutdelors.eu/wp-content/upl…
🧵1/14
Since 2018, IPCEIs have become an increasingly important tool for EU member states (MS) to take on a more active role in key economic sectors inside the confines of the Single Market's comprehensive competition policy framework. 2/14
Differences in the financial, administrative and technical capacities of MS, however, create significant tensions between industrial and competition policy. While the #RRF provided EU financing for several IPCEIs, the upcoming wave of projects lacks – so far – EU support. 3/14
