Bloomberg Quicktake | Macron Says Over-Regulation to Leave Europe Behind US, China @BloombergQuicktake | Uploaded October 2024 | Updated October 2024, 2 minutes ago.
#French President Emmanuel #Macron delivered a pessimistic outlook for the #European Union, warning that lack of investment and too much regulation would make the bloc uncompetitive.

Speaking at the #Berlin Global Dialogue, Macron said #Washington and #Beijing outstrip the #EU in both economic output and investment, and #Europe won’t be able to compete with other countries unless it moves quickly to complete a banking union and make global trade rules more fair.

Read more: bloomberg.com/news/articles/2024-10-02/macron-warns-that-eu-needs-radical-change-is-lagging-china-us?sref=omvmmwIg

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