French president tells fellow European leaders the bloc is falling behind the US and China because of over-regulation and under-investment
The EU “could die” unless it makes itself more competitive with the US and China, Emmanuel Macron has warned.
The French president said the bloc was over-regulating and under-investing at the Berlin Global Dialogue event.
Washington and Beijing both outstripped the EU in economic output and investment, he said, before calling on the bloc to complete its banking union package of financial rules.
Member states also needed to press for global trade rules to be kept fair, he added, according to Bloomberg.
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https://www.telegraph.co.uk/world-news/2024/10/03/eu-could-die-says-emmanuel-macron-us-china-nato/
EU could die because countries nominate far right anti EU presidents at a stagering rate
Yeah, and frankly Macron’s government style is likely to contribute to that problem. A far-right France has never been more likely.
While our regulations and social security make us the most desirable immigration destination.
We should focus more on investing in technology, but that doesn’t mean that we need to deregulate to allow uber/amazon type of companies to grow here. They’re not a public benefit.
We could all die, Manny. You haven’t done much to help.
No they are not. They are kicking the rest of the worlds ass in standard of living. What that useless frog leg is saying the regulations are preventing his rich masters from being even richer.
De-regulation only helps rich assholes get richer. What he really means is the rich are getting marginally less rich right now, and they don’t like it.