The European textile industry is trying to strike a balance between sweeping policy changes, economic pressures and new technological opportunities
DORNBIRN: On 20th February 2024, 73 major business leaders spanning 17 sectors presented the Antwerp Declaration for a European Industrial Deal to European Commission (EC) president Ursula von der Leyen.
It called for a new and pragmatic deal to complement the EU Green Deal, announced in 2019, to safeguard quality jobs in Europe. The bloc’s industries, the declaration asserted, are facing the worst economic downturn in a decade, at a period when serious investments are needed to achieve a transition to climate neutrality and urgent action is needed to restore the business case for investments in Europe.




