11/15/2024 | News release | Distributed by Public on 11/15/2024 11:41
The previous week had been the turn of the Commissioners-designate.
This kind of "examination" by European Parliament of the ability, expertise and capacities of the proposed College of Commissioners is a decisive step in the investiture process of the new Commission.
Since 2004, the Hearings have taken more and more importance and, in some cases, initially proposed Commissioners had to step down after a disastrous or controversial performance in the Hearing. That was the case of Italian Rocco Buttiglione in 2004 or French Sylvie Goulard in 2019 (who was replaced by Thierry Breton, "Plan B Commissioner" as Breton put himself forward).
Teresa Ribera and Henna Virkunnen are the main reference Executive Vice-Presidents for Telefónica. They will be in charge of very important issues for the European telecom sector, for the European citizens and for the future role of Europe in the world.
In a very hostile Hearing, Teresa Ribera faced opposition from centre-right EPP group, which questioned Ribera's role in the crisis management in recent floods in Valencia.
Many questions focused on the floods in Valencia and how Ribera would improve Europe's ability to prepare for growing climate-related risks. Ribera stressed the importance to improve EU's resilience and preparedness to extreme weather events and promised a new European Climate Adaptation Plan.
Ribera stressed the need for industrial decarbonisation, promoting a clean and just transition, including housing and quality jobs, and capitalising on the benefits of the twin green and digital transition.
Ribera called for a new approach to Competition Policy that is "more supportive of companies scaling up in global markets", and allows European businesses and consumers to enjoy the benefits of effective competition.
She stressed the need to simplify and speed up competition enforcement processes to support a well-functioning Single Market. Furthermore, for the EU to become more attractive for investments, current tools should be updated, for instance, Merger rules should capture operations that prevent innovation, such as killer acquisitions of companies with low turnover but high innovative and competitive potential.
Ribera made it clear that industrial policy and competition policy are closely linked. In this line, State Aid assessment and approval processes of IPCEIs (Important Projects of Common European Interest) need to become simpler and faster to foster innovation in strategic sectors.
Virkunnen had the advantage of knowing well her audience, including some of her former colleagues as she has been Member of the European Parliament since 2014.
Virkunnen has an enormous portfolio of responsibilities and will oversee the work of Commissioners for Justice, Home Affairs, Defense and Innovation.
In her introductory remarks, Virkkunen said she would work to strengthen the EU's digital independence, make critical digital infrastructure more secure and increase competitiveness.
She recalled that Europe is too dependent on third countries when it comes to digital (80% of technology comes from outside the EU) and proposed a two-fold approach:
Precisely, many questions focused on European Commission's commitment to enforce EU rules such Digital Services Act (DSA) on big social media platforms, including Elon Musk's X.
While Virkunnen restated her commitment to enforce DSA and Digital Markets Act (DMA) with enough competent staff, she also stressed that US is Europe's most important partner in trade and in security. Also, in digital, EU and US will continue the good cooperation of the last years, particularly, within the EU-US Trade and Technology Council.
Virkunnen pointed out to key technologies for the future, Artificial Intelligence, quantum, cloud, semiconductors and space technologies and the need for Europe to make a leap in these fields:
On 21 November, European Parliament's Conference of Presidents (President Metsola and the political group Chairs) will conduct the final evaluation and declare the Hearings closed.
The election by European Parliament of the full College of Commissioners (by a majority of the votes cast) is currently scheduled to take place during the 25-28 November Plenary Session.
With the endorsement of the European Parliament, the new Commission will take office on 1st December and will start working on the immense challenges Europe is facing.