The EU has fallen behind the US and China in terms of economic growth and innovation, the European Round Table for Industry (ERT) warns in its latest paper, calling for a deeper integration of the EU's single market, a capital markets union, and better incentives to invest in Europe.
What industry? We have been in transition to a service based ecconomy for decades. The last thing that did get made here was cars and chemical industry…the alter now in big trouble cause it was dependant on russian gas imports.