Economic Policy: Less China, More Europe - EU Regulates Public Procurement
20 Articles
20 Articles
The EU is losing more than one billion euros a day in trade with China. The EU Commission wants to change this: how more public money is to be spent on products from the EU.
The European economy is weakening. One key factor: more public money for products from the EU. The European Commission wants to remove obstacles to this.
The European Commission is proposing a reform of public procurement. The aim is to encourage the purchase of European products and services by prioritizing quality over price, in response to increasing Chinese competition.
The European Commission wants public authorities to give greater weight to quality in tenders and no longer select solely on price. The procurement procedure is also being simplified. Public authorities are encouraged to purchase European products or services, but are not obliged to do so. This is what the Commission proposes in its Public Procurement Act presented on Wednesday.
This reform should allow "the end of the domination of the price criterion", which actually favours Chinese products, says Stéphane Séjourné, Executive Vice-President of the European Commission. All public procurement in the European Union weighs 2,600 billion euros annually, or 15% of GDP.
On Wednesday, the European Commission proposed a comprehensive reform of public procurement in the EU, in particular to encourage the use of European or local suppliers and to provide local authorities with the option of excluding Chinese companies from their tenders from the outset.
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