EU proposes European Innovation Act to boost scale-up of homegrown tech
The European Commission proposed a new European Innovation Act aimed at helping innovative European ideas be developed, financed, and scaled up within Europe. The proposal signals a policy push to strengthen the EU's tech competitiveness, though details on funding and implementation remain unclear. This matters as it could reshape the bloc's innovation landscape and competitive position versus the US and China.
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Germany — 77 developments
EU Advances Protectionist Procurement Policies Targeting China
The European Commission has confirmed proposals to overhaul public procurement rules, shifting focus from lowest price to quality, sustainability, and local supply chains, explicitly aiming to reduce dependence on Chinese suppliers and strengthen EU economic resilience. These measures, including the European Innovation Act, are intended to favor domestic producers and facilitate the exclusion of Chinese firms from public tenders. The final legislative form and implementation timeline remain uncertain.