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Read the full article from Tagesspiegel Background, published on June 30th, 2026, here.
“EU member states are apparently rejecting a key target proposed by the European Commission for industrial production . This is according to a draft resolution from the Cypriot EU Council Presidency, prepared with a view to taking a position on the EU’s Industrial Accelerator Act (IAA).
The EU Commission aims to establish at the IAA that by 2035 the EU and its member states should achieve at least 20 percent of their economic output through the manufacturing sector . This includes, for example, the manufacture of cars, steel and chemicals, as well as the production of clean technologies such as battery storage systems, heat pumps and wind turbines.
As early as March 2026, researchers at the Kiel Institute for the World Economy had criticised the proposed 20 per cent target in the IAA, stating that such a figure was “neither a meaningful economic target in itself” nor one that the IAA could realistically achieve.”