EU unveils 'Competitiveness Compass' to cut red tape and spur investment

This post was originally published on France24

The European Commission has unveiled its long-awaited roadmap to revamp the sluggish economy. The “Competitiveness Compass” builds on recommendations from last year’s report by former ECB president Mario Draghi. Plus, the UK government gives its backing to building a third runway at London’s Heathrow Airport.