EU’s von der Leyen says it is necessary to work together to avoid a global race to the bottom By Reuters
EU’s von der Leyen says it is necessary to work together to avoid a global race to the bottom By Reuters


© Reuters. European Commission President Ursula von der Leyen delivers a special speech during the 55th annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, January 21, 2025. REUTERS/Yves Herman

DAVOS (Reuters) – Europe has entered a new era of tough geostrategic competition and will have to work together to avoid a global race to the bottom, European Commission President Ursula von der Leyen said at the World Economic Forum on Tuesday. in Davos.

He added that the use of sanctions, export controls and tariffs was likely to increase and that for Europe to sustain its growth in the next quarter of a century, it would need to change course.

By Admin

Leave a Reply

Your email address will not be published. Required fields are marked *