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Deindustrialisation

All articles tagged with #deindustrialisation

Draghi calls for a genuine EU federation to stave off deindustrialisation
europepolitics26 days ago

Draghi calls for a genuine EU federation to stave off deindustrialisation

Former Italian PM Mario Draghi argues in a Leuven University speech that the EU must move from a loose confederation to a genuine federation to prevent subordination, division and deindustrialisation as the US and China reshape global order. He promotes a pragmatic federalism where member states opt in but Europe acts cohesively on trade, competition and monetary policy, highlighting the euro as a success and warning that a divided bloc risks losing its values and strategic influence.

Germany's Political and Economic Turmoil Signals Uncertain Future
europe1 year ago

Germany's Political and Economic Turmoil Signals Uncertain Future

Germany is facing significant economic challenges as it approaches an election that could see Chancellor Olaf Scholz ousted. The country is grappling with fears of deindustrialisation, an energy crisis, and increased competition from China, alongside potential tariffs from the U.S. These issues are seen as symptoms of a collapsing business model, exacerbated by underinvestment during a period of low interest rates.