Davos 2023: Global Economic Outlook: Is this the End of an Era?
World Economic Forum
00:00
Is There a Need for a Strong European Industrial Policy?
We need to have a very strong, effective, efficient, swift European industrial policy based on three key pillars. The first one is acceleration. Private companies cannot wait two or three years before getting their subsidies that we promised to them. Decarbonisation of the economy is the biggest challenge that we have to face which will help us to reconsider growth and climate. And the third point is to focus on very specific sectors. Do we want to buy foreign goods, foreign devices, foreign electric batteries, or do we want to put the money in investment?
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