According to the French leader Emmanuel Macron, there is a high probability that the European Union may disappear in the near future.
Points of attention
- The French president is outraged by insufficient investment from official Brussels.
- Macron requires the EU to make specific decisions and create competitive companies.
- The French leader warns of the need to update the strategy of the existence of the European Union.
The EU was on the verge of collapse
According to Macron, the European Union "may die" if it does not become more competitive compared to the US and China.
He made this statement during the Berlin Global Dialogue.
The French president complains that official Brussels "over-regulates and under-invests".
He is also troubled by the fact that Washington and Beijing have overtaken the EU in terms of economic growth and investment.
According to Macron, members of the union must also insist that the rules of global trade remain fair.
The EU may die, we are on the threshold of a very important moment. Our old model of over-regulating and under-investing is over. In the next two to three years, if we stick to our classic agenda, we will be out of the market.
Emmanuel Macron
President of France
Macron demands that the EU make specific decisions
The President of Ukraine called on official Brussels to promote the creation of cross-border companies capable of competing with American ones.
Faced with his own domestic financial pressures, Macron approved a temporary tax on France's biggest companies, backing his new government's strategy, even if it marks a departure from his pro-business stance, reporters said.
It is also worth noting that last month the French leader spoke about the "peace of tomorrow", calling the existing international order unjust.
"We will have to think about a new way of organizing Europe and rethink our relations with Russia after the war," Macron said.
