"Only an economically powerful Europe will be a sovereign Europe,"
"It is high time for Europe to act, to act swiftly and to act decisively,"
"deregulate every sector."
"The system is implemented to reduce CO2 emissions and at the same time to enable the companies to come to CO2-free production lines,"
"So if this is not achievable, and if this is not the right instrument, we should be very open to revise it, or at least to postpone it,"
German Chancellor Friedrich Merz urged the European Union to take bold, swift, and decisive action to reverse a quarter century of industrial decline and restore competitiveness with the United States and China. He argued that economic power underpins European sovereignty and called for deregulation across sectors to boost industry. Merz suggested revising or postponing the EU carbon market if it impedes CO2-free production, noting the system aims to reduce emissions while enabling companies to adopt CO2-free production lines. EU leaders will meet to consider measures to strengthen the single market, unify financial policies, attract more capital, and increase global competitiveness.
Read at www.dw.com
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