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Europe needs a broad-based innovation strategy to boost its competitiveness. To facilitate the knowledge transfer between research centres and businesses, the European Parliament suggests the creation of 'knowledge regions', new measures to protect inventors, and tax incentives for enterprises which invest in research and innovation. This was the message of a report adopted by the House in Strasbourg.
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In 2006, EU27 FDI (foreign direct investment) in extra-EU27 countries (outflows) rose by 35%, from 136 bn in 2005 to 183 billion euro in 2006, while FDI into the EU27 from the rest of the world (inflows) increased by 42%, from 95 bn to 135 bn. In 2006, intra-EU27 FDI flows fell by 8% compared with 2005.
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The Conference Board announced that the leading index for Germany increased 0.4 percent and the coincident index increased 0.2 percent in March.

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The European radio frequency identification (RFID) market is set to achieve significant progress, given its past and existing initiatives in retail, healthcare, manufacturing, logistics and anti-counterfeiting measures as well as the increasing investments in this space. While this market has not demonstrated growth to the same extent as the RFID market in the United States, it is nevertheless poised for growth.
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The Green Energy sector is growing at breathtaking speed, driven by the challenges of climate change, surely unprecedented in our time. Globally, it has already become a multi-billion dollar industry, with very high growth potential which is attracting record investment. Over the last few years, eco-industries in the European Union have grown to such an extent that they have now become a prominent force across the entire European economy.
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The Conference Board announced that the leading index for Spain increased 0.9 percent and the coincident index increased 0.6 percent in March.

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The European Commission adopted three proposals aimed at modernising the rules governing admission to the occupation of road transport operator and access to the road transport market.
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Legal immigration of non-nationals into the EU has increased in the last decade by more than 26%, according to the latest comparative overview from Eurofound's European Working Conditions Observatory (EWCO). Immigrants play an increasingly important role in the labour markets of EU Member States, but the disadvantages experienced by immigrants represent a major challenge for social and labour market policies in Europe, the report states.
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The euro area (EA13) industrial new orders index rose by 2.7% in March 2007 compared with February 2007. The index fell by 0.6% in February and remained stable in January. EU27 new orders grew by 2.8% in March 2007, after an increase of 0.1% in February and a decrease of 1.4% in January. Excluding ships, railway and aerospace equipment4 industrial new orders grew by 2.7% in the euro area and by 2.5% in the EU27 in March 2007.

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