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Trump's Election: A Wake-Up Call for Europe?
Greek business leaders express concerns and hopes regarding the implications of Trump's election for Europe's competitiveness.
Greek
Greece
PoliticsUs PoliticsEuropean UnionEconomicsGlobal TradeProtectionismCompetitiveness
EuSevPanhellenic Union Of Pharmaceutical IndustriesEos Capital PartnersΔεη Απε
Kostas ChatzidakisSpyros TheodoropoulosTheodoros TryfonIoannis SarakakisTheodoros PelagidisApostolis TambakakisKonstantinos Mavros
- What actions does the Greek Minister of National Economy suggest the EU should take?
- The Greek Minister of National Economy, Kostas Chatzidakis, emphasizes the need for the EU to act swiftly to improve competitiveness and complete the European Banking Union, highlighting the risk of being disregarded in the face of faster-moving global economies.
- What concerns are expressed about the potential impact of tariffs and protectionism?
- Concerns are raised about the potential for increased inflation due to tariffs and protectionism, and the need for Europe to address its competitiveness deficit in the face of growing US and Chinese power.
- What is the view of business leaders regarding the need for bold policies in Europe?
- Representatives from the SEV (Federation of Hellenic Enterprises) and the Panhellenic Union of Pharmaceutical Industries highlight the need for bold policies to counter deindustrialization and boost manufacturing sectors, suggesting that Trump's election could serve as a wake-up call for Europe.
- What specific concerns are raised about the potential impact of Trump's policies on Europe?
- Greek business leaders and economists express worry about the potential negative effects of Trump's protectionist policies on the European economy, particularly given the existing economic uncertainty and political instability in major European economies like Germany and France.
- What is the main reaction of Greek business leaders and economists to the election of Donald Trump?
- The election of Donald Trump as US President is seen as a motivator for Europe to act faster to regain its competitiveness. Concerns exist regarding potential impacts from protectionist policies and Trump's foreign policy.