ICT is lynchpin of Europe's economy - by Emmet Ryan
The Commission's annual progress report on i2010, the EU's digitally led strategy for growth and jobs, said ICT contributed nearly 50 percent of productivity growth across the European Union between 2000 and 2004. "Our integrated European policy for growth and jobs is now starting to pay dividends," said Viviane Reding, EU Commissioner for Information Society and Media. "However, let's not be complacent. ICT companies in Europe are still not able to profit from economies of scale in view of regulatory fragmentation that blocks the emergence of pan-European services and hurts the chances of e-communication operators and software companies to compete on the world market. The EU and its Member States need in particular to make a greater effort to remove the remaining impediments within the internal market for online services."
In the study, which is the second annual report on i2010, Ireland topped the EU rankings in several ICT categories. Ireland was given the top ranking in the EU 25 for ICT sector share of total GDP, ICT sector share of total employment and ICT sector growth.
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