The Malta Independent 5 March 2024, Tuesday
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'We need investments and clear targets to maintain our competitive edge' - Roberta Metsola

Saturday, 10 February 2024, 11:58 Last update: about 23 days ago

The President of the European Parliament Roberta Metsola has said that Europe needs more investments. 

"Businesses will only invest in the green transition with a clear business case and incentives. With clear targets, we can steer the process and maintain our competitive edge," she said.

During a visit to Teva Pharmaceuticals Malta in the Bulebel Industrial Estate, President Metsola met with the management and staff who work on Solid Dosage Form Manufacture.

President Metsola said that the EU's Single Market is one of our greatest achievements.

"We should build on it without fragmenting it. We do not need to fence ourselves in. Our economy has grown over the years precisely because we stood for the opposite."

She added that the Single Market provides a springboard for businesses to enter global markets. President Metsola said that EU economies are competitive and they need to remain so, with the green and digital transitions.

She underlined that the European Green Deal is as much about security and boosting Europe's competitiveness as it is about the green transition. "If we invest in the know-how, technology and foster development of skills necessary for the twin transition, we will gain the competitive edge."

Teva Malta managing director Patrick Cachia said, "it was an honour and a great opportunity to be able to offer Dr Metsola a firsthand insight" into its operations.


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