Europe needs massive' investment drive to catch global competitors: Report
Briefly

"Europe must embark on a massive investment drive to keep pace with the US and China, as fresh economic challenges escalate. This requires a unified response."
"The investment needs are massive, demanding joint borrowing to support an annual rise of 750-800 billion euros, crucial for Europe’s competitive edge."
"For the first time since the Cold War, we must genuinely fear for our self-preservation; the urgency for a unified response has never been clearer."
"Europe is the most open economy globally, making it vulnerable to partners who do not adhere to free trade rules, necessitating effective industrial policy coordination."
Read at www.aljazeera.com
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