ElectronicsWeekly.com: Europe's €200bn recovery plan targets energy-efficiency - by Richard Wilson
Europe's €200bn recovery plan targets energy-efficiency - by Richard Wilson
A €200bn recovery plan announced by the European Commission will include a major economic stimulus to the European technology sector including energy-efficient electronic systems. One aspect of the recovery plan is a bid to boost efforts to tackle climate change while creating much-needed jobs at the same time, through for example strategic investment in energy efficient buildings and technologies."The Recovery Plan can keep millions in work in the short-term. It can turn the crisis into an opportunity to create clean growth and more and better jobs in the future,” said Commission President José Manuel Barroso. The plan includes short-term measures to boost demand, save jobs and help restore confidence. A further strategy for what the EC calls “smart investment" will look to generate loner term growth.
According to Brian Halla, CEO of National Semiconductor this spells a re-birth for the semiconductor industry. “I'm wildly optimistic about the future of our industry."
Labels: Economy, Electronics, EU, recovery plan
