BRUSSELS, November 28, 2024 — The Competitiveness Council, under the Hungarian presidency’s leadership, convened in Brussels to outline actionable steps for revitalising Europe’s economic competitiveness. The meeting emphasised enhancing productivity, fostering sustainable growth, and positioning the EU as a global economic leader. Presidency conclusions highlighted the urgent need to modernise the Single Market, reduce regulatory burdens, and boost innovation, particularly for small and medium-sized enterprises (SMEs).