Feb 12 β€’ 19:16 UTC πŸ‡ͺπŸ‡ͺ Estonia ERR

In Belgium: EU leaders seek ways to enhance Europe's economic power

EU leaders emphasize the urgent need to strengthen Europe's economic power amidst rising concerns about the impact of carbon taxes on the industry.

During a recent summit held away from Brussels, EU leaders discussed the urgent need to enhance Europe's economic strength in light of mounting concerns that carbon taxes have become too burdensome for the industry. The emphasis is on taking rapid and decisive actions to reverse the notion of Europe as merely a region of museums and heritage sites, promoting a vision of Europe as a robust economic force.

Kaja Kallas, the European Union's high representative for foreign affairs, underscored that in order to be a significant geopolitical player, Europe must either possess strong military power or a robust economic foundation. While Europe is acknowledged as a major economic force, Kallas noted that there is a critical need for improvement and strength in this area to compete effectively on the global stage.

The summit also highlighted the unity among member states, particularly as French President Macron and German Chancellor Merz publicly demonstrated their commitment to overcoming personal differences for the sake of a stronger Europe. Their collaboration reflects a collective urgency to transform the EU into a more nimble and dynamic entity that can respond to economic challenges more effectively, particularly in the context of competitive geopolitical dynamics.

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