Furthermore, we took note that the EPC raised strong concerns regarding the Commission’s proposal to amend Regulation 1338 dated 2001. This regulation deals with measures necessary for the protection of the euro against counterfeiting.
This can be broadly defined as the ability of firms to remain profitable in an open market economy, and to sustain or expand market share. Competitiveness can be measured in a number of ways, but its essence is a comparison of relative costs and relative productivity.