Shaping the future of EU digital investments |
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| As the Danish Presidency of the Council of the EU begins, the conference “The Future of Digital Investments in the EU” held on 2 and 3 July in Aalborg, stands out as one of its first key events. During his keynote address, our Director General Markus J. Beyrer called for a renewed EU focus on regulation that brings clarity, coherence and competitiveness, rather than complexity and red tape. |
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| “We need to go beyond rule-making and make the digital single market truly work for businesses,” he said. From the GDPR to the AI Act, the EU has shown ambition in shaping its digital rulebook. However, the 2024-2029 legislative period leaves us with a critical challenge: simplifying and harmonising the regulatory framework to restore investor confidence – and make Europe the best place to live, work and invest. Beyrer stressed that this will require the courage to acknowledge where regulation has become |
| overly complex, and the determination to bring forward a framework that empowers innovation, rather than stifles it. While at the conference, Beyrer also had a fruitful exchange with Denmark’s Minister for Digitalisation, Caroline Stage Olsen, focusing on the priorities of the Danish EU Presidency. He emphasised that maintaining a strong focus on competitiveness and sustaining momentum on the much needed EU rulebook simplification will be vital to unlocking Europe’s full digital and economic potential. |
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Enterprises using AI technology, 2023 and 2024 |
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| In 2024, 13.5% of EU enterprises with 10 or more employees (including self-employed persons) reported using AI technologies - an increase of 5.5 percentage points compared to 2023. |
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“CBAM, as a first-of-its-kind measure, is untested and still incomplete in its design. Addressing the export challenges for the CBAM sectors in a WTO-compatible way is absolutely critical.” Our Director General Markus J. Beyrer in reaction to the European Commission proposal on CBAM export adjustment on 2 July. |
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