The European Union stands at a critical juncture for its political and economic future. The Draghi report exposed a brutal reality: Europe’s climate ambition, though laudable, has operated in isolation from economic reality, risking systemic deindustrialization. Read more: #EU #ClimateChange #EconomicPolicy #EU #IT #FR #DE #ES #BE
4/15 For years, Europe has been told that: • weaker economic performance is success; • declining competitiveness is a moral achievement; • deindustrialization is progress; • welfare expansion and massive rearmament can both continue indefinitely. Reality eventually sends #Europe #Economy #RealityCheck #EU
It is sad to consider that in the not too distant future a deindustrialized Germany might become a European rust belt, a dysfunctional and poor country. #Deindustrialization #RustBelt #Germany #DE
“It’s getting serious, ladies and gentlemen. Take it seriously too!” For many, it’s about abstract numbers. But the next cuts and tax increases are coming. Deindustrialization is having an effect. Background: Political decisions unfold only after years of delay. (Original: „Es wird ernst, meine Damen und Herren. Nehmen Sie es auch ernst!” Für viele geht es um abstrakte Zahlen. Aber die nächsten Kürzungen und Steuererhöhungen stehen bevor. Deindustrialisierung wirkt. Hintergrund: Politische Entscheidungen entfalten erst mit jahrelanger Verzögerung https://t.co/Hvhu6lNryE) #SeriousTimes #PoliticalDecisions #EconomicImpact #Nospecificcountriesarementionedinthearticle.Therefore #therearenocountrycodestoreturn.
