b92.net<https://www.b92.net/english/business-economy/207380/europe-on-the-restart-von-der-leyen-reveals-whats-planned/vest>
Europe on the "Restart": Von der Leyen reveals what's planned
Tanjug
17–21 minutes
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She added that the plan will be presented with detailed deadlines and targets 
to strengthen and unify the European economy, and also noted that the European 
Emissions Trading System (ETS) has clear advantages and mechanisms for 
controlling carbon prices.

According to Euronews, von der Leyen said at a press conference following the 
EU leaders’ summit that the action plan focuses on five key areas: 
administrative simplification, the single market, energy, digitalization, and 
trade.

In March, the Commission will present a detailed plan for further developing 
the single market of 450 million consumers, including a capital markets union 
that would allow more productive use of roughly €10 trillion in savings 
currently held in bank accounts, Reuters reported.

Speaking about the ETS, the Commission President emphasized that the system 
includes elements that allow carbon prices to be modulated in case of excessive 
increases or unfavorable economic conditions, through the so-called “Market 
Stability Reserve.”

Von der Leyen added that the EU will thoroughly review these elements as part 
of the planned ETS review scheduled for the third quarter of this year, 
ensuring the system remains efficient and adaptable to current economic and 
climate challenges.

European leaders met at an informal summit at the Alden Biesen complex in 
Belgium’s Limburg province, focusing on the competitiveness of the European 
economy.

The day before, at an industrial summit in Antwerp, representatives of European 
industry presented their priorities to top EU officials, calling for lower 
energy prices, reduced regulatory burdens, and stronger competitiveness 
compared to China and the United States.


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