The European Union’s Competitiveness Compass has been postponed by another week to Jan. 29, according to an agenda obtained by POLITICO.
The delay was confirmed by a European Commission official and an EU diplomat, who both spoke on condition of anonymity because planning details aren’t yet public.
The proposal, which aims to set the economic strategy for the Commission’s work until 2029, was initially due to be unveiled on Wednesday, but was postponed after Commission President Ursula von der Leyen became ill with pneumonia.
How sick she was only became clearer last week when the Commission confirmed that she had been hospitalized and is now recovering at her home in Germany.
An earlier agenda showed the proposal would be presented next week but the latest planning document, dated Jan. 13, shows another week of delay.
“I hope the date will remain Jan. 29,” the Commission official told POLITICO.
The Competitiveness Compass is the keystone for a series of initiatives the Commission has scheduled for the next few months, including the Clean Industrial Deal due in February.
Drawing from reports from Mario Draghi and Enrico Letta on how to boost the EU’s economy, the initiative aims to tackle the EU’s innovation gap with global rivals, ensure the bloc’s economic security and make progress on decarbonizing EU industry.
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