Under the title ‘Recovering from COVID: Boosting Digital and the New Green Deal’, European Commission Executive Vice-President Margrethe Vestager took part in an interview hosted by the European Business Summit on 16 July. The interview covered topics such as the role of businesses in the green and digital transitions, the recovery from the ongoing coronavirus crisis as well as the level playing field and fair global competition.

In her intervention, Vestager underlined the EU’s three main strategic goals for businesses – the fight against climate change, the best use of digital technologies and the digitalisation of societies and economies – and stressed that the COVID-19 pandemic has increased the importance of working towards these goals in order to provide certainty for businesses.

Moreover, Vestager highlighted that the only way to protect and help businesses in Europe and to create European champions is by setting a fair competition environment and a level playing field. Protecting businesses from potential foreign takeovers must also be ensured.

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