Manufacturing target dropped by EU countries from draft industry law
By Oscar Pandiello and Cynthia Kroet ( June 30, 2026, 14:02 GMT | Insight) -- A target for EU industry to account for 20 percent of the bloc’s gross domestic product by 2035 has been watered down in the first compromise text on the planned Industrial Accelerator Act, MLex has learned. The text leaves key provisions on new industrial areas largely intact, while EU governments still need to settle their position on the most contentious parts of the law.A target for Europe’s industry to account for 20 percent of the bloc’s gross domestic product by 2035 has been watered down in the first consensus view by national governments on the European Commission's planned clean industry law, MLex has learned....
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.