EU to focus on ‘decarbonisation’ to become competitive with US, China
The European Union will focus on the “decarbonisation” of its economy in an effort to make itself competitive with the US and China, the bloc’s top civil servant European Commission President Ursula von der Leyen has said.
“We are roughly as good as the US at creating start-ups. But when it comes to scale-ups, we are doing much worse than our competitors,” she claimed.
“A start-up from California can expand and raise money all across the United States. But a start-up in Europe has to deal with 27 different national barriers. We need to make it easier to grow in Europe.”
Von der Leyen said her decision to appoint a new Commissioner for Start-Ups, Research and Innovation was evidence that the bloc would soon make progress on the issue.
“We are roughly as good as the US at creating start-ups. But when it comes to scale-ups, we are doing much worse than our competitors,” she claimed.
“A start-up from California can expand and raise money all across the United States. But a start-up in Europe has to deal with 27 different national barriers. We need to make it easier to grow in Europe.”
Von der Leyen said her decision to appoint a new Commissioner for Start-Ups, Research and Innovation was evidence that the bloc would soon make progress on the issue.
The word 'evidence' in the last quoted sentence has entertainment value all of its own, apart from the overall fantasy. Why not appoint a new Commissioner for Doing Better Than the US and China? That would be evidence of something too.
The possibilities are endless. A new Commissioner for Doing Nothing Proposed by Ursula von der Leyen for example.
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