The European Commission has for several years been striving to increase the share of industry in the EU's GDP to 20 %, and the Europe 2020 Strategy is supposed to serve this aim. However, the share of industry in the EU's GDP is falling and barely exceeds 15%.
Why doesn’t the Europe 2020 strategy - like its predecessor, the Lisbon Strategy - bring the anticipated results? This is due to a schizophrenic policy of the European Commission. Within its framework, there are numerous DGs (the Directorate General) that carry their own narrow initiatives. The Document Europe 2020 only seemingly organizes the state of affairs. It turns out that it is a conglomeration of ideas that are mutually exclusive. The regulatory over-activity of the EU institutions does not help with the reconstruction of the European industry.
Increasing the share of industry in the EU's GDP to 20 % is an ambitious and legitimate objective. However, to accomplish this task, we need more consistency and a coherent vision – and it is not imminent in Brussels.