4. Our trade policy has become ideological.
In 2010 the EU accounted for 22% of world GDP, meanwhile today it's only 17%. China has doubled its share, overtaking us & US has increased its lead, as well.
🐦🔗: https://n.respublicae.eu/GyoriEniko/status/1668322619018412033
Only 1 out of the world's 10 largest companies is European, and EU-based companies are preparing to relocate overseas to take advantage of #IRA.
COM should urgently stop its reactive-only policy. It should recognise Europe's interests & take conscious action to be competitive!
🐦🔗: https://n.respublicae.eu/GyoriEniko/status/1668322620893167631
Reality instead:
1.Bxl is extremely slow in responding to changes,
2.From looser state aid rules only the big players have benefited so far, threatening to distort the internal market,
3.Only 30% of the #recoverymoney has been spent, & there are pol games being played a/s HU&PL,
🐦🔗: https://n.respublicae.eu/GyoriEniko/status/1668322616946606081