Reviving Europe’s Competitive Edge analyses the European Union’s declining influence in the global economy and recommends concrete steps for the Commission on how to regain our economic competitiveness.
In its third consecutive meeting, the Governing Council of the European Central Bank (ECB) cut all three key interest rates by a quarter of a percentage point, as expected. They are now in the range of 3.00–3.40 per cent.
Until the early 2010s, government subsidies in Europe were on a downward trend, partly because of the increasing prevalence and enforcement of competition and state aid rules.
GDPR restricts individual freedom and imposes unreasonable requirements on everyone, especially on small and medium-sized enterprises, where individualism often thrives.