After yesterday's meeting of the European Political Community (EPC), the informal summit of the European Union will take place in Budapest today. All 27 EU member states and all EU institutions are represented at the diplomatic event.

It is expected to be among the items on the agenda

the most important will be the issue of EU competitiveness, writes the official website .

Most recently, the heads of state and government of the EU member states met in Brussels in mid-October. At an informal dinner the night before, the leaders discussed foreign affairs, including transatlantic relations, the latest developments in Georgia and recent Israeli legislation against the UN Relief and Works Agency for Palestine Refugees in the Near East (UNRWA).

EPC summit - Viktor Orbán: Everyone is dissatisfied with the current situation and everyone wants change

Today's informal meeting of the European Council will take place after the fifth meeting of the European Political Community.

EU leaders will discuss a new deal on Europe's competitiveness, which aims to make the EU future-proof and more self-reliant in line with previous commitments made in the Versailles and Granada Declarations and the 2024-2029 Strategic Agenda.

Based on Enrico Letta's Much more than a market and Mario Draghi's The Future of European Competitiveness reports, the EU leaders will also discuss the issues of innovation and productivity gaps, measures aimed at strengthening the single market in the short and medium term, the renewal of European industry, energy independence and climate neutrality.

Featured image: British Prime Minister Keir Starmer (front row, b4) is speaking in the photo published by the Prime Minister's Press Office, flanked by Prime Minister Viktor Orbán (b7), Charles Michel, President of the European Council (b5), Moldovan President Maia Sandu (b6), Edi Rama Albanian Prime Minister (b8), Ukrainian President Volodymyr Zelenskyi (b3), Danish Prime Minister Mette Frederiksen (b2) and Czech Prime Minister Petr Fiala (b) at the fourth summit of the European Political Community (EPC) at Blenheim Castle near Oxford, England July 18, 2024 on MTI/Prime Minister's Press Office/Benko Vivien Cher