Amid discussions about American grants, an event that will have a more significant long-term impact on Ukraine went relatively unnoticed. This is the presentation in Brussels of the "EU Competitiveness Compass," which outlines how the European Union must change over the next five years to survive and compete with the economies of the U.S. and China.

Ursula von der Leyen, in this strategy, identified five approaches that the EU should apply in three key areas. Therefore, the future of the European Union will be determined by implementing innovations to achieve a new level of productivity, decarbonizing the economy, and reducing dependence on supplies from countries outside the EU.

To achieve this, the document provides for the following mechanisms:

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European UnionLana ZerkalUrsula von der Leyencompetitiveness