State of the Union 2021

On September 15, the President of the European Commission, Ursula Von der Leyen delivered the annual State of the Union speech, in the plenary session of the European Parliament, in Strasbourg.

The President set out the legislative actions that the Commission intends to carry out in the upcoming year. Opening her speech with an emphasis on the current health crisis and the need to improve the Union’s preparedness to face pandemics, many interesting topics were approached. Amongst others were jobs and growth in the Euro area, the fast-approaching celebrations for the 30 years of the Single Market, and the need of implementing the European Pillar of Social Rights. The President also underlined the importance of delivering a better Europe of opportunities for young people.  

In particular, the President underlined that meeting climate ambitions also goes through leading the digital transformation. Indeed, digitalization is a top-level matter for the Single Market since the development of digital technologies and skills will ensure economic recovery, with the help of investments encouraged by NextGenerationEU, and driven by competitiveness within the Union. Another important initiative is the New European Bauhaus project that constitutes a leverage designed to lead the member states towards clean energy use, sustainable infrastructures, and green jobs by combining culture, inclusion, and technology (more information: here). Finally, efforts will be placed in the coming year on countering money laundering. Ms. Von den Leyen explained how trade needs to come with fair justice for every European citizen of the Single Market.  

The Secretariat will keep monitoring the legislative and policy developments of the European Institutions which are relevant to the real estate sector and ensure its member associations are kept up to date. 

For the recording of the speech, or to read the full address please visit: here.