European Commission Executive Vice-President for Prosperity and Industrial Strategy
Appears in 3 stories
Co-leading the Chips Act 2.0 file with Virkkunen
The European Union depends on non-EU suppliers for more than 80% of its core digital products. On 3 June 2026, the European Commission proposed two laws to change that: a Chips Act 2.0 to boost semiconductor production, and a Cloud and AI Development Act to triple the bloc's data-centre capacity within five to seven years.
Updated Jun 3
Leading EU industrial competitiveness agenda, including the Industrial Accelerator Act
The European Commission signed grant agreements worth €2.7 billion with 54 clean industry projects on March 24, 2026 — the largest single disbursement in the Innovation Fund's six-year history. The projects span 17 countries and 17 industrial sectors, from electrolyzer manufacturing to lithium refining for electric vehicle batteries, with individual grants ranging from €1.8 million to €216 million. Four days earlier, the Commission revealed that its 2025 competitive auctions attracted nearly €10 billion in bids from European companies racing to decarbonize, more than double the €4.1 billion available.
Updated May 30
Driving EU strategy to cut raw material dependence on China
In December 2025, French President Emmanuel Macron warned Europe might impose U.S.-style tariffs on Chinese goods if Beijing doesn't curb its ballooning trade surplus. In an interview after his state visit to China, Macron said the surplus is "killing" European customers and called it a "life or death" struggle for EU industry, especially autos and advanced manufacturing.
Updated May 10
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