Competitiveness Compass: A New Roadmap to Strengthen Europe’s Position

The world is facing increasing challenges like climate change, artificial intelligence, and geopolitical tensions, all of which are reshaping our environment. To succeed in this evolving landscape, it is essential to make sure that Europe remains a hub where growth and innovation can continue to thrive. In order to help European businesses succeed on the global stage and create sustainable prosperity for all EU citizens, the Commission is prioritising competitiveness within its economic agenda.

In January 2025, the Commission introduced the Competitiveness Compass, a strategic roadmap aimed at restoring Europe’s dynamism and enhancing economic growth. The Compass is based on Mario Draghi’s report on the future of European competitiveness and offers a framework to guide the Commission's efforts throughout this mandate.

The Draghi report originally identified three imperatives for the EU to boost its competitiveness: 

1. Closing the innovation gap 
2. A joint strategy for decarbonisation and competitiveness 
3. Increasing security and reducing excessive dependencies 

The Competitiveness Compass sets out an approach and measures to translate these imperatives into reality.