Two of its flagship initiatives – the transition to electric vehicles (EVs) and the development of sustainable investment regulations – are emblematic of this new direction.
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Yet, as former European Central Bank president Mario Draghi’s recent report on European competitiveness warned, good intentions alone are not enough. Europe’s chronic slowness, bureaucratic complexity and lack of long-term industrial vision are undermining these efforts, risking both economic strength and public support.
EV transition
The move t…
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