Citizen Digital·4 min read·hard
EU drafts 'Buy European' rules for public tenders to curb foreign dependence
R
Reuters
✦AI Summary
The European Commission is drafting 'Buy European' regulations for public tenders to reduce reliance on foreign suppliers, particularly in strategic sectors. The rules would allow authorities to favor EU-based companies and reject bids with less than 50% European content.
The measures stop short of a blanket "Buy European" requirement, but would allow European authorities to rule out bids for big public contracts that have less than 50% European content and favour EU companies in strategic sectors.
politicsbusinesseconomy
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