On 8 November 2024, EU leaders emphasized the importance of enhancing the Union’s competitiveness and innovation in their meeting Budapest, Hungary. The Heads of State and Government welcome the reports by Enrico Letta and Mario Draghi which underscore critical challenges and provide recommendations to close the innovation and productivity gaps within the EU and against global competitors.

https://www.consilium.europa.eu/en/press/press-releases/2024/11/08/the-budapest-declaration