Evoking an
“existential threat”,
the leaders of the European Round Table, the club of the biggest industrialists of the continent, sealed the atmosphere of the dinner organized for them at the Élysée around Emmanuel Macron, on November 21.
The message was the same in Stockholm at the end of the week, for the meeting of European employers (Business Europe).
On the Old Continent, industrial companies feel squeezed by soaring energy prices, more marked than anywhere else on the planet, and by the widening gap with the United States.
Investments in battery production in Europe will, for example
, “become unsustainable”
, warned the head of the VW brand on LinkedIn on Monday.
“Value creation in this area will take place elsewhere.”
The IRA, the American Inflation Reduction Act, has become a bogeyman.
This protectionist law, adopted under cover of a double fight against inflation and global warming, will it be a machine to deindustrialize...
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