Draghi warns of ‘greater’ urgency to fix flagging EU economy after Trump election – POLITICO

Draghi warns of ‘greater’ urgency to fix flagging EU economy after Trump election – POLITICO

On the campaign trail, Trump threatened to slap a universal 10 percent tariff on imported goods. He also threatened to turn off Ukraine aid and to stop supporting NATO countries that do not invest 2 percent of their GDP on defense. EU leaders were gathering for an informal summit in Budapest for talks on Draghi’s … Read more

How do we close Europe’s innovation gap? Start with advanced connectivity and a strong intellectual property rights framework  – POLITICO

How do we close Europe’s innovation gap? Start with advanced connectivity and a strong intellectual property rights framework  – POLITICO

Getting the IPR framework right now to unleash long-term innovation EU policies adopted in the next five years will be foundational for Europe’s innovative ecosystem to thrive in the long term, improving conditions for the next wave of intellectual property lifecycles that can take over a decade to bear fruit. A smart and strategic policy … Read more

European Commission maps out ‘power grab’ over €1.2 trillion money pot – POLITICO

European Commission maps out ‘power grab’ over €1.2 trillion money pot – POLITICO

By radically changing the rules, the Commission wants to address “strategic dependencies” on foreign countries and boost the kind of pan-European industrial revival championed by former Italian Prime Minister Mario Draghi in his landmark competitiveness report. The third and fourth pillars focus on enlargement and funding to foreign countries, and personnel costs, but there are … Read more

EU forms investors club amid tech doom and gloom – POLITICO

EU forms investors club amid tech doom and gloom – POLITICO

“The EU is part of the problem. Thus far it has mostly brought us silly cookie[s] and AI warnings,” Jitse Groen, CEO of Dutch food-delivery platform Just Eat Takeaway, said Thursday. Groen refers to the EU’s heavy regulatory push in several technology areas, such as data protection and artificial intelligence. “The EU could move to … Read more

Politik als Show – POLITICO

Politik als Show – POLITICO

Vor dem zweiten Treffen zur illegalen Migration gibt es von allen Seiten widersprüchliche Signale. Die Ampel glaubt an einen Kompromiss und SPD-Innenministerin Nancy Faeser kündigt umfassende Grenzkontrollen an den deutschen Landesgrenzen an, aber CDU-Chef Merz nennt die Pläne „unklar“. Gleichzeitig zweifeln die Länder an der Umsetzbarkeit weiterer Maßnahmen, während die Kommunen auf eine Task Force … Read more

Musk praises Draghi, calls for less EU red tape – POLITICO

Musk praises Draghi, calls for less EU red tape – POLITICO

In a report unveiled today, Draghi proposed assessing existing EU rules at the beginning of each European Commission mandate to ensure that European companies aren’t penalized by excessive regulation. “This process should include simplifying and removing overlap and inconsistencies across the whole ‘legislative chain,’ with priority given to those economic sectors where Europe is particularly … Read more

Mario Draghi’s plan to fix a broken Europe already looks impossible – POLITICO

Mario Draghi’s plan to fix a broken Europe already looks impossible – POLITICO

“The leading firms in research and investment-spending are the same ones we had 20 years ago ― cars,” he said. “The United States used to be the same, autos and pharma, 20 years ago. Now it’s all digital.” China isn’t just catching up. In areas like the electric vehicle industry, it is even leapfrogging Europe. … Read more

Draghi says EU must spend twice as much as it did after WWII – POLITICO

Draghi says EU must spend twice as much as it did after WWII – POLITICO

Draghi is pushing for the EU to issue new common debt to fund its industrial and defense needs, something that is opposed by several governments. He noted that Europe’s goal to whittle its greenhouse gas emissions down to zero by the middle of the century offer the bloc the chance to build and export clean … Read more

Freund, Feind, Parteifreund, Söder – POLITICO

Freund, Feind, Parteifreund, Söder – POLITICO

Der CSU-Chef tut es immer wieder: Er kokettiert und stichelt, wenn es um die Frage der Kanzlerkandidatur in der Union geht. Gordon Repinski analysiert, wie genervt die CDU inzwischen von Söder ist und was Parteichef Friedrich Merz tun kann, um sich die uneingeschränkte Unterstützung des bayerischen Ministerpräsidenten als Kanzlerkandidat zu sichern. Im 200-Sekunden-Interview spricht die … Read more

Europe needs an ‘Abundance Agenda’ – POLITICO

Europe needs an ‘Abundance Agenda’ – POLITICO

Surprising? Not really. While the EU accounted for over 27 percent of the world’s GDP in 1990 — more than the U.S. at the time — today, its share is a little over 17 percent. And as Europe’s economic strength shrinks, the less it can project regulatory power on the world stage — a fact … Read more