EU Leaders Seek Economic Security and Address Key Issues at Granada Summit

1 min read
Source: Reuters
EU Leaders Seek Economic Security and Address Key Issues at Granada Summit
Photo: Reuters
TL;DR Summary

European Union leaders have resolved to enhance the bloc's competitiveness, prioritize green and digital technologies, and reduce reliance on third countries, particularly China. The leaders emphasized the need to strengthen the single market, decrease external dependencies in critical sectors, and invest in research and skills. The EU plans to assess potential risks to economic security related to advanced technologies and consider tighter control of exports. Discussions will also focus on harmonizing national security policies and determining the level of openness to foreign companies in European markets.

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