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Neither the EU, nor its member states, have the power to make investment decisions on behalf of private companies. https://www.politico.eu/article/eus-600bn-us
by sasvari 1y ago
Neither the EU, nor its member states, have the power to make investment decisions on behalf of private companies.
https://www.politico.eu/article/eus-600bn-us-investment-will-come-exclusively-from-private-sector/ https://www.politico.eu/article/eus-600bn-us-investment-will...
The extra investments pledged under the trade deal would come from private companies, which Brussels conceded it has no power to control.
- petcat 1y agoPolitico? We aren't quoting Politico
- lossolo 1y ago"EU companies have expressed interest in investing at least $600 billion (ca. €550 billion) in various sectors in the US by 2029"[1] 1. https://ec.europa.eu/commission/presscorner/detail/en/qanda_25_1930 https://ec.europa.eu/commission/presscorner/detail/en/qanda_...