Donald Trump says he pulled out of Ireland investment due to EU red tape
Briefly

At the World Economic Forum, President Trump recounted his experience in securing investment project approval from Irish officials within a week. However, he expressed frustration at the subsequent requirement for EU approval, which he indicated would extend the process by five to six years. His comments sparked a discussion on the regulatory environment in Europe, particularly highlighting the challenge of navigating through extensive bureaucratic procedures, which can hinder swift investment decisions and economic progress.
President Trump highlighted the stark contrast in investment approval processes, stating that while he received quick backing from Irish authorities, the EU's bureaucratic hurdles led to extensive delays.
During the World Economic Forum, Trump emphasized the efficiency of the Irish approval process compared to the prolonged EU regulations, illustrating the difficulties faced by investors in Europe.
Read at Irish Independent
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