“This investment increase will only be realized in full if policy unlocks addressed by this declaration are implemented,” the draft declaration read.
The declaration will be presented to European leaders as they gather in Copenhagen on Wednesday.
Signatories are expected to include Airbus, Siemens, ASML, Novo Nordisk, thyssenkrupp, SAP, Equinor, Schneider Electric, Thales and Vodafone, and more than a dozen other large industrial firms.
Exactly how much investment the companies are committing is still listed as “[xx]” in the draft declaration. “If all large European companies match this level of investment increase, Europe would be on track to close most of the ~€800 billion annual investment gap outlined by Draghi,” the text said.
The list of “policy unlocks” they are demanding ranges from cutting red tape and offering more incentives for private…
