Tag #Competitiveness

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kathimerini.gr

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May 17, 10:09

Low ESG Adoption in Greek SMEs: EU Simplification Aims to Boost Implementation

A National Bank of Greece analysis reveals that only 12% of Greek SMEs have implemented ESG actions, despite over two-thirds expressing interest; the EU's simplified ESG framework aims to increase adoption, potentially boosting competitiveness and profitability.

Low ESG Adoption in Greek SMEs: EU Simplification Aims to Boost Implementation

A National Bank of Greece analysis reveals that only 12% of Greek SMEs have implemented ESG actions, despite over two-thirds expressing interest; the EU's simplified ESG framework aims to increase adoption, potentially boosting competitiveness and profitability.

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Responsible Consumption and Production

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What types of ESG actions are most prevalent among Greek businesses, and what are the reported benefits of these actions?

While over two-thirds of Greek SMEs express interest in ESG, only 22% are informed, and only 12% of SMEs and 4% of micro-businesses have implemented related actions. Most actions focus on environmental initiatives like recycling and energy upgrades, with fewer addressing social and governance aspects.

theglobeandmail.com

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Apr 29, 01:17

Canada's Decades-Long Economic Underperformance: Causes and Solutions

Canada's GDP per capita underperformance, lasting since before 2015, stems from non-energy sector weakness due to chronic underinvestment and potentially "Dutch Disease" effects from a past oil boom, compounded by globalization's impact on manufacturing competitiveness.

Canada's Decades-Long Economic Underperformance: Causes and Solutions

Canada's GDP per capita underperformance, lasting since before 2015, stems from non-energy sector weakness due to chronic underinvestment and potentially "Dutch Disease" effects from a past oil boom, compounded by globalization's impact on manufacturing competitiveness.

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Decent Work and Economic Growth

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What are the primary causes of Canada's prolonged underperformance in GDP per capita relative to other developed nations?

Canada's GDP per capita has underperformed relative to other industrialized countries since well before 2015, a trend coinciding with a decline in oil prices and capital expenditure in the oil and gas sector starting in late 2014. This underperformance was masked by a prior oil boom, but the subsequent collapse revealed the mediocre performance of other sectors, especially manufacturing, and a lack of overall investment.

kathimerini.gr

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Apr 21, 04:11

EU "Omnibus" Package Aims to Reduce Regulatory Burden, Boost Competitiveness

The EU's February 2025 "Omnibus" package modifies key regulations (CSRD, CSDDD, EU Taxonomy, CBAM) to reduce bureaucracy by 25% (35% for SMEs), aiming to boost competitiveness, following the Draghi report's criticism of excessive regulation; CBAM will exempt approximately 90% of obligators while mai...

EU "Omnibus" Package Aims to Reduce Regulatory Burden, Boost Competitiveness

The EU's February 2025 "Omnibus" package modifies key regulations (CSRD, CSDDD, EU Taxonomy, CBAM) to reduce bureaucracy by 25% (35% for SMEs), aiming to boost competitiveness, following the Draghi report's criticism of excessive regulation; CBAM will exempt approximately 90% of obligators while mai...

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Industry, Innovation, and Infrastructure

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How does the "Omnibus" package address the concerns raised in the Draghi report regarding excessive EU regulation?

The package focuses on delaying, not eliminating, new regulations; simplifying existing ones; and increasing exemptions for smaller businesses (up to 1000 employees). For CBAM, approximately 90% of obligations will be exempted while maintaining environmental goals for specific products (iron, steel, aluminum, cement, fertilizers).

repubblica.it

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Apr 15, 22:17

Italy's Digital Retail Boom Hindered by AI Adoption Gap

The Italian digital retail market experienced significant growth in 2024, adding 10 million online shoppers in five years, reaching 33.7 million. However, only 6% of Italian businesses utilize AI, hindering competitiveness compared to the EU average.

Italy's Digital Retail Boom Hindered by AI Adoption Gap

The Italian digital retail market experienced significant growth in 2024, adding 10 million online shoppers in five years, reaching 33.7 million. However, only 6% of Italian businesses utilize AI, hindering competitiveness compared to the EU average.

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Industry, Innovation, and Infrastructure

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What is the most significant impact of the increased digitalization of the Italian retail market?

In 2024, Italy saw a surge in digital retail, with 10 million new online shoppers in five years, totaling 33.7 million. This growth is driven by a hybrid model integrating online and offline channels, influencing over one-third of in-store purchases. However, only 6% of Italian businesses leverage AI for process optimization, hindering competitiveness.

lemonde.fr

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Apr 5, 13:18

France's €63 Billion Trade Deficit: High Costs and Low Skills Hamper Competitiveness

France's 2024 trade balance reveals a €63 billion annual deficit in industrial goods, primarily in equipment and intermediate goods, despite surpluses in aerospace, luxury, and agri-food sectors; high production costs and low worker skills are contributing factors.

France's €63 Billion Trade Deficit: High Costs and Low Skills Hamper Competitiveness

France's 2024 trade balance reveals a €63 billion annual deficit in industrial goods, primarily in equipment and intermediate goods, despite surpluses in aerospace, luxury, and agri-food sectors; high production costs and low worker skills are contributing factors.

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How do France's labor costs compare internationally, and what role does this play in its declining competitiveness?

The persistent decline in France's non-energy goods trade balance since 2006 stems from high production costs (including social security contributions), high taxes, excessive regulations, low worker skills, insufficient investment in automation and R&D. In 2022, French manufacturing labor costs were $47/hour, exceeding many competitors.

politico.eu

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Mar 31, 07:15

Germany's Economic Crisis: A Call for Urgent Reforms

Germany's global competitiveness ranking has plummeted from 6th in 2014 to 24th currently, prompting calls for urgent economic reforms and a shift towards a more innovation-friendly environment to regain its economic standing.

Germany's Economic Crisis: A Call for Urgent Reforms

Germany's global competitiveness ranking has plummeted from 6th in 2014 to 24th currently, prompting calls for urgent economic reforms and a shift towards a more innovation-friendly environment to regain its economic standing.

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How does Germany's regulatory environment and culture of innovation contribute to its economic challenges?

This decline is attributed to Germany's analog processes, complex regulations, and hesitancy towards innovation, hindering its ability to compete globally. The slow approval processes for clinical research, for example, drive investment elsewhere.

kathimerini.gr

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May 8, 13:20

SEV: Productivity Key to Greece's Economic Competitiveness

The Hellenic Federation of Enterprises (SEV) highlights productivity as the key to Greece's economic competitiveness, advocating for a collaborative effort between businesses, employees, and the government to increase productivity and wages, addressing issues like slow reforms and unfair internation...

SEV: Productivity Key to Greece's Economic Competitiveness

The Hellenic Federation of Enterprises (SEV) highlights productivity as the key to Greece's economic competitiveness, advocating for a collaborative effort between businesses, employees, and the government to increase productivity and wages, addressing issues like slow reforms and unfair internation...

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How can collaborative efforts among businesses, employees, and the Greek government address low productivity, a key obstacle to economic competitiveness and wage growth?

The SEV, Greece's leading business association, emphasizes that boosting productivity is crucial for enhancing the country's economic competitiveness and ensuring a larger share for all stakeholders. This requires a collaborative effort among businesses, employees, and the government, addressing issues like low wages and the need for higher productivity to improve real wages.

zeit.de

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Apr 21, 07:12

German Workers Express Deep Concerns About Country's Economic Competitiveness

An EY survey of over 2,000 German employees reveals that 56 percent believe Germany's competitiveness has declined in the past five years, citing bureaucracy, high energy costs, and skills shortages as major weaknesses, while younger employees expressed more optimism.

German Workers Express Deep Concerns About Country's Economic Competitiveness

An EY survey of over 2,000 German employees reveals that 56 percent believe Germany's competitiveness has declined in the past five years, citing bureaucracy, high energy costs, and skills shortages as major weaknesses, while younger employees expressed more optimism.

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What are the most significant implications of over half of German employees believing the country's competitiveness has declined in the past five years?

A recent EY survey of over 2,000 German employees reveals that 56 percent believe Germany's competitiveness has worsened over the past five years, while only 12 percent saw improvement. This negative perception significantly impacts the nation's economic outlook.

theglobeandmail.com

🌐 85% Global Worthiness

Apr 17, 16:15

Canada Considers Bank Regulatory Reform Amid U.S. Changes

The Canadian government may meet with U.S. banks operating in Canada to discuss regulatory changes, aiming to reduce compliance costs and enhance competitiveness in response to diverging regulatory approaches, particularly regarding Basel III, where the U.S. is less stringent than Canada.

Canada Considers Bank Regulatory Reform Amid U.S. Changes

The Canadian government may meet with U.S. banks operating in Canada to discuss regulatory changes, aiming to reduce compliance costs and enhance competitiveness in response to diverging regulatory approaches, particularly regarding Basel III, where the U.S. is less stringent than Canada.

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What are the immediate implications of the reported meeting between Canadian and U.S. bank officials regarding regulatory changes?

The Canadian government is reportedly considering regulatory changes to reduce compliance costs for banks operating in Canada, potentially prompted by the U.S.'s move towards streamlining bank regulations. This could enhance the competitiveness of Canadian banks globally and reduce unnecessary burdens. However, the initiative is also a response to growing divergences in bank supervision between Canada and the U.S., particularly regarding Basel III compliance, where Canada has higher capital charges and taxes than the U.S.

euronews.com

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Apr 9, 22:13

EU Tourism Sector Projected to Grow, but Faces Challenges

The EU travel and tourism sector is projected to contribute €1.9 trillion to the EU's GDP in 2025, employing 25.7 million people, but faces challenges from overtourism and global competition, prompting calls for reduced bureaucracy and increased sustainability.

EU Tourism Sector Projected to Grow, but Faces Challenges

The EU travel and tourism sector is projected to contribute €1.9 trillion to the EU's GDP in 2025, employing 25.7 million people, but faces challenges from overtourism and global competition, prompting calls for reduced bureaucracy and increased sustainability.

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What challenges does the EU tourism sector face, and what measures are being taken to address them?

Despite concerns about inflation and reduced purchasing power, the sector's growth is expected to continue due to pre-booked holidays. However, challenges remain, including backlash against overtourism in some areas and increased competition from Asian countries.

elpais.com

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Apr 1, 10:17

European Businesses Prioritize Internal Reforms Amidst US Trade War Concerns

Fredrik Persson, head of Business Europe, highlights European businesses' concerns about US tariffs and prioritizes tackling energy prices, excessive regulation, and skills shortages to enhance competitiveness; he welcomes but urges faster implementation of EU initiatives aimed at reducing regulator...

European Businesses Prioritize Internal Reforms Amidst US Trade War Concerns

Fredrik Persson, head of Business Europe, highlights European businesses' concerns about US tariffs and prioritizes tackling energy prices, excessive regulation, and skills shortages to enhance competitiveness; he welcomes but urges faster implementation of EU initiatives aimed at reducing regulator...

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How do European businesses view the EU's response to the trade war initiated by the US, and what alternative strategies are they pursuing?

The head of Business Europe highlights three key areas to enhance European competitiveness against the US and China: energy prices, regulatory burdens, and skills gaps. While welcoming the EU's simplification package and Clean Industry Pact, he emphasizes the need for faster implementation and further measures to reduce energy costs, particularly by lowering taxes and network fees. This is crucial given electricity prices in Europe are two to three times higher than in the US.

kathimerini.gr

🌐 85% Global Worthiness

Mar 21, 01:13

EU Leaders Prioritize Economic Competitiveness, Resilience, and Digital Euro"

EU leaders, including ECB President Christine Lagarde, agreed to boost Europe's economic competitiveness and resilience by increasing investments, reforming its financial system, and accelerating the development of a digital euro, aiming to strengthen its global financial role.

EU Leaders Prioritize Economic Competitiveness, Resilience, and Digital Euro"

EU leaders, including ECB President Christine Lagarde, agreed to boost Europe's economic competitiveness and resilience by increasing investments, reforming its financial system, and accelerating the development of a digital euro, aiming to strengthen its global financial role.

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What immediate actions did EU leaders agree upon to enhance the Union's economic competitiveness and resilience?

During their summit, EU leaders, including ECB President Christine Lagarde, discussed boosting Europe's competitiveness, fiscal policy, and the digital euro. They agreed to enhance resilience and competitiveness through productivity-boosting policies and increased investments. Specific plans include accelerating progress on a Savings and Investment Union, focusing on the Capital Markets Union to unlock funding for crucial investments.

Showing 13 to 24 of 65 results