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Reuters
Reuters
Business
Foo Yun Chee

EU looks to fast 5G, supercomputers to boost virus-hit economy

European Commission vice-president Margrethe Vestager speaks during a news conference on regulation on high performance computing and connectivity, at EU headquarters in Brussels, Belgium September 18, 2020. Olivier Matthys/Pool via REUTERS

The European Commission on Friday urged the 27-country bloc to work together to speed up the rollout of fibre and 5G networks to boost the region's virus-hit economy and secure its technology autonomy.

EU countries should develop a best practices toolbox by March 30 with the aim of cutting cost and red tape, provide timely access to 5G radio spectrum and allow for more cross-border coordination for radio spectrum for 5G services, the EU executive said.

European Commission vice-president Margrethe Vestager and European Union Internal Market Commissioner Thierry Breton attend a news conference on regulation on high performance computing and connectivity, at EU headquarters in Brussels, Belgium September 18, 2020. Olivier Matthys/Pool via REUTERS

The coronavirus outbreak showed how important internet services and 5G are, European digital chief Margrethe Vestager said.

"We have seen the current crisis highlight the importance of access to very high-speed internet for businesses, public services and citizens, but also to accelerate the pace towards 5G," she said in a statement. "We must therefore work together towards fast network rollout without any further delays."

The Commission also proposed a recommendation to boost research and activities to develop new supercomputing technologies.

European Union Internal Market Commissioner Thierry Breton speaks during a news conference on regulation on high performance computing and connectivity, at EU headquarters in Brussels, Belgium September 18, 2020. Olivier Matthys/Pool via REUTERS

"Keeping up in the international technological race is a priority, and Europe has both the know-how and the political will to play a leading role," Internal Market Commissioner Thierry Breton said in a statement.

The Commission is investing 8 billion euros($9.46 billion)in the next generation of supercomputers.

(Reporting by Foo Yun Chee; Editing by Tomasz Janowski)

European Commission vice-president Margrethe Vestager and European Union Internal Market Commissioner Thierry Breton attend a news conference on regulation on high performance computing and connectivity, at EU headquarters in Brussels, Belgium September 18, 2020. Olivier Matthys/Pool via REUTERS
FILE PHOTO: An advertising board shows a 5G logo at the International Airport in Zaventem, Belgium May 4, 2020. REUTERS/Yves Herman
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