Industry associations across Europe have joined forces to call on the European Commission to publish the Industrial Accelerator Act (IAA) without further delay. In a press release from the European Chemical Industry Council (Cefic), alongside Fertilizers Europe and Plastics Europe, they warn that Europe cannot afford hesitation as industrial competitiveness weakens and investment shifts abroad.
Economic Risk Intensifies
According to the Cefic statement, millions of euros in investment are already moving out of Europe, while plant closures and job losses are accelerating across key manufacturing sectors. The groups argue that this trend threatens not only current operations, but also the long-term resilience and strategic capacity of European industry.
Demand for Concrete Measures
Therefore, they call on EU policymakers to move from diagnosis to delivery today, not next week or next year. They stress that concrete and predictable actions, starting with the publication of the Industrial Accelerator Act are essential to restore competitiveness and safeguard quality jobs. As per the Cefic press release, any further delay would deepen uncertainty and weaken Europe’s ability to compete globally.
The Narrow Window for Action
Moreover, the statement highlights that the window to act is rapidly closing. Publishers of the press release underline that releasing the Act promptly would demonstrate that Europe is serious about supporting its industrial future. They argue that every day counts if Europe hopes to defend its industrial base and maintain high-skill employment.
