Esther Payne :bisexual_flag:
boosted
RE: https://eupolicy.social/@AliceStollmeyer/116051135853271144
Europe is chasing the wrong fix for its growth crisis.
"Even EU Commission estimates that the cost savings from its regulatory simplifications — the so-called Omnibuses — will amount to just €12 billion per year, or around 0.07% of EU GDP. That isn’t a growth strategy, it’s a rounding error."
EU leaders face a clear choice tomorrow:
Pursue a growth agenda that won’t deliver, reinforcing the false narrative that EU 'red tape' shackles national economies and giving the Euroskeptic far-right a free electoral boost.
Or confront reality and make the hard choices we need.
https://www.politico.eu/article/europe-is-chasing-the-wrong-fix-for-its-growth-crisis/
