Feb 11 • 17:45 UTC 🇱🇹 Lithuania 15min

Friedrich Merzas urges the EU to reduce regulation to halt economic decline

Friedrich Merzas calls for the EU to deregulate every sector to strengthen the economy in the face of impending recession.

Friedrich Merzas, speaking to industrial leaders gathered in Antwerp, Belgium, emphasized the necessity for a strong economy to ensure European sovereignty. He declared that only an economically robust Europe could maintain its independence and influence in global affairs. As the EU approaches crucial discussions on the economic crisis, Merzas's comments resonate with calls for urgent reform in economic policies to combat potential downturns.

During his address, Merzas criticized current regulatory frameworks within the EU, suggesting they hinder growth and recovery. He asserted that immediate and decisive action is required, urging unity among member states to forge a path toward a leaner regulatory environment. This deregulation agenda is framed as essential not only for revitalizing businesses but also for enhancing Europe’s competitive edge on the world stage.

The implications of Merzas's plea extend beyond the economic realm, touching on the broader political dynamics within the EU. By advocating for significant regulatory reform, he highlights a shift toward prioritizing economic resilience over regulatory caution. If embraced by EU leaders, his proposals could lead to transformative changes in how the EU perceives and manages economic challenges, shaping policies that could either bolster or undermine the collective stability of the region.

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