This position paper seeks to assess the current state of investment by companies in the MET sector and outlines recommendations to boost investment in Europe in order to maintain global competitiveness. The policymakers should build a favourable environment for the MET industries to regain significant economic growth.
This requires an environment where companies have the capacity to invest, to grow and to prosper. Concretely, this presupposes the co-existence of
- significant legislative simplification
- the removal of administrative burdens
- the completion of the single market, in particular, by reducing bureaucracy and by providing easy and transparent access to targeted European funds
- the strengthening of public and private investment
- a skilled workforce
- a stronger collaboration with social partners