BUDAPEST — EU leaders on Friday pledged to overhaul the bloc's economy with radical changes recommended in a landmark report, in reforms that have taken on greater urgency with Donald Trump winning back the White House.
BUDAPEST — EU leaders on Friday pledged to overhaul the bloc's economy with radical changes recommended in a landmark report, in reforms that have taken on greater urgency with Donald Trump winning back the White House.Although Europe's public reaction to the Republican's return has been cautious, officials are on full alert over the implications for the European Union's economy if he delivers on his threats and slaps higher tariffs.
Draghi has previously warned that failure to heed his recommendations would lead to the bloc's 'slow agony' of decline.'Weak leaders fail'Von der Leyen passionately presented her plans for the way forward.She said her priorities were to cut red tape for businesses as well as the creation of a savings and investments union to help companies access capital they can pour into research for innovation.
Leaders Vow 'Urgent' Economic Overhaul
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