Over the past 12 months, the Commission has accelerated efforts to boost the EU’s competitiveness and make Europe a better place to invest, innovate and grow. We have taken steps towards reducing dangerous overdependencies and making European industry more resilient in the face of market distortion and global overcapacity. We have diversified trade opportunities, with new trade agreements from the Indo-Pacific to Latin America, and we have continued to build mutually beneficial relations with partners around the world.
We have been working to protect what matters: our security, our social model, our democracies. SAFE is spurring major defence investments across Europe and we are working on flagship defence projects such as the Eastern Flank Watch. The Commission and the EU have also continued our unwavering support for Ukraine, including with the first disbursements under the €90 billion Ukraine Support Loan, the opening of two accession clusters and 21 sanctions packages against Russia.
Through the European Democracy Shield and our rule of law toolset we are upholding our democracy, while with our digital rulebook we are protecting and empowering our citizens, especially the young ones. We have also acted to support the most vulnerable households with tackling issues from housing to high energy costs.
To summarise this work, the Commission has published today a brochure and a timeline with the key milestones of the past year. You can find out more about the State of the Union address on this website. The President’s State of the Union address will be broadcast next Wednesday morning on EBS.
Source: European Commission
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