EU industrialization campaign

The European Commission announced on Wednesday its plans to launch a new campaign industrialization of Europe, so that industry to grow to 20% of the overall volume of economic growth by 2020.

EU economy is currently dominated by services, industry constitutes only 16% of GDP to 27 members.

According to the Commission, EU countries need to restore development in this sector more than ever, in order to give a new impulse to employment.

Over the past decade, major European companies are continually expanding to developing countries or the third world, in an effort to reduce
However, this trend has already created a problematic situation, with unemployment has reached a record level in some EU countries.

Also, one of the sectors that Brussels hopes to develop recycling technology, which although Europe is already a world leader, it is estimated that there is still much room for improvement.