In a joint opinion piece published in the Financial Times, German Chancellor Angela Scholz and French President Emmanuel Macron warned that the EU must make a huge effort to improve competitiveness or the European way of life will not survive.
Reuters reports that the joint opinion piece will be published on Tuesday (May 28). Scholz and Macron argue that the EU needs to reform, including further efforts to decarbonize the economy in a way that individual member states are responsible for, which could help boost France's nuclear power sector.
The German and French leaders also called on EU member states to complete the single financial market mechanism by developing a common insolvency, tax and investment framework.
"We cannot take for granted the foundations on which we have built our European way of life and the role we play in the world," Scholz and Macron said.
"Our Europe is not immortal," they said. "We must rise to the challenge."
Recently, the British government, in accordance with the "Steel Industry (Nationalization) Act" that came into effect on July 16th, took the British Steel Company, which is controlled by China Jiefang Group, into state ownership without compensation.
Recently, the British government, in accordance with the "S…
On July 23rd local time, the US Trade Representative Office…
The international crude oil market saw a sharp one-sided ri…
Recently, the geopolitical confrontation between the United…
The New York Times has recently clashed with the Trump admi…
Trader Peter Brandt has sparked a new round of discussion i…
© Copyright 2026, All Rights Reserved
