EU vows single market completion
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EU leaders at an informal summit in Alden Biesen, Belgium, pledged a roadmap to boost competitiveness and complete the single market by 2027, while Chancellor Friedrich Merz rejected eurobonds.
Since the 1980s, major EU integration often happened in avantgarde groups, be it the Euro, Schengen, EU Patent, EU Public Prosecutor. The real change is a different one.
Since the 1980s, major EU integration often happened in avantgarde groups, be it the Euro, Schengen, EU Patent, EU Public Prosecutor. The real change is a different one.
My latest piece was written especially for friends who are EU policymakers or advisors. In it I argue that there is a difference between an inefficient manufacturing sector and a globally uncompetitive manufacturing sector. We shouldn't conflate the two.
engelsbergideas.com/notebook/eur...
My latest piece was written especially for friends who are EU policymakers or advisors. In it I argue that there is a difference between an inefficient manufacturing sector and a globally uncompetitive manufacturing sector. We shouldn't conflate the two.
engelsbergideas.com/notebook/eur...
www.scmp.com/news/china/d...
www.scmp.com/news/china/d...
Global competitiveness, by contrast, depends largely on how income is distributed within an economy.
This leaves the EU with two options if it wants to prevent domestic deindustrialization.
Global competitiveness, by contrast, depends largely on how income is distributed within an economy.
This leaves the EU with two options if it wants to prevent domestic deindustrialization.
France in particular has long pushed the idea.
France in particular has long pushed the idea.
Daher: Uneinheitliche Regeln im EU-Binnenmarkt abschaffen · Podcast in der ARD Audiothek:
www.ardaudiothek.de/episode/urn:...
Daher: Uneinheitliche Regeln im EU-Binnenmarkt abschaffen · Podcast in der ARD Audiothek:
www.ardaudiothek.de/episode/urn:...
It can cut wages and social welfare benefits sharply to reduce EU wages relative to EU productivity. This will increase the competitiveness of the EU manufacturing sector, but it will do so not only at the expense of EU workers but also of global growth.
It can cut wages and social welfare benefits sharply to reduce EU wages relative to EU productivity. This will increase the competitiveness of the EU manufacturing sector, but it will do so not only at the expense of EU workers but also of global growth.
by Martin McKee