DE
Made in Europe vs. Made in China: EU’s new rules could challenge Hungary’s investment model
Change language:
The European Union’s new economic policy initiative could challenge Hungary’s investment-driven growth model, as the proposal may give Brussels greater oversight of foreign investments in strategic industries.
“Made in Europe” – new rules for strategic industries
The European Commission is preparing a new industrial support regulation called the Industrial Accelerator Act, which could be presented by Stéphane Séjourné, the Commission’s Executive Vice-President responsible for industrial policy.
According to the Commission, the main goal of the proposal is to strengthen Europe’s industrial base in the face of growing global competition, particularly from the United States and China. EU policymakers fear that Europe has become overly dependent on external suppliers in several key technologies, including batteries, green energy technologies and electric vehicles.
The draft would therefore reinforce the “Made in Europe” principle, giving preference to European-made products in publicly funded projects and subsidy programmes.
In practice, this could mean that projects receiving public funding would have to source a certain share of their components from European manufacturers.
According to leaked drafts, the measures could affect several sectors, including battery production, the electric vehicle industry, steel and aluminium, as well as various clean-technology industries. The Commission hopes this would reduce Europe’s reliance on external suppliers in critical technologies.
“If we do nothing, then very soon 100% of clean-tech production could end up in China. It is quite possible that our cement and steel industries will be completely offshored within a few years,” said Stéphane Séjourné, Executive Vice-President of the European Commission.
The proposal could also give Brussels a greater role in examining foreign investments in strategic sectors. As reported by the Hungarian outlet Portfolio, the Commission could in some cases take over the assessment from national authorities if a project has significant implications for the single market or for Europe’s economic security.
For Hungary, this could prove particularly sensitive. In recent years, the government’s economic strategy has relied heavily on attracting large-scale foreign investments in precisely these sectors, many of which come from companies based outside the European Union.
I am making a real GOOD MONEY (300$ to 400$ / hr )online from my laptop. Last month I GOT check of nearly 18,000$, this online work is simple and straightforward, don’t have to go OFFICE, Its home online job. At that point this work opportunity is for you.if you interested.simply give it a shot on the accompanying site….Simply go to the BELOW SITE and start your work…
.
This is what I do………………………. https://goo.su/8K4NZcU
@DNH – could you please blacklist these spammers ???
I’ll state my prediction again :
Sometime, in the coming decade, Hungary will form a Central European Union with Slovakia and Serbia.
If the AFD is governing Germany, Germany will also join that, perhaps, Italy, as well.
In essence, The Central European Powers will reprise themselves under a new name.
It will be the best for everybody, as, ever since The Austro-Hungarian Union disappeared, Continental Europe is either unstable and or unsovereign.
A strong Central Europe, independent of the Western Elite in London, Paris and Washington, will be the best longterm solution.
This prediction relies on a romanticized view of history that conveniently ignores why the Austro-Hungarian Empire actually collapsed—internal ethnic fragmentation and governance paralysis—while disregarding the modern economic reality that binds these nations to the EU Single Market.
Germany, regardless of leadership, acts as the economic engine of the entire continent; decoupling from the West to lead a smaller, localized bloc with Serbia and Hungary would be economically suicidal and strategically isolating.
Ultimately, this narrative serves less as a viable geopolitical forecast and more as a classic wedge strategy intended to project weakness onto current Transatlantic alliances by reviving the ghost of the Central Powers.
#kremlinwetdream