German Chancellor demands EU slash red tape in bid to compete with US and China

German Chancellor Friedrich Merz has called on the European Union to axe 25 years of "decline" by rolling out "bold" economic action. Addressing economic chiefs in Antwerp on Wednesday, Mr Merz proposed introducing a set of measures after arguing "minor correction to laws are insufficient". "Only an economically powerful Europe will be a sovereign Europe," the world leader told experts in the Belgian port city. Over the course of Wednesday and Thursday, 27 leaders gathered in a Belgian castle

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German Chancellor demands EU slash red tape in bid to compete with US and China

German Chancellor Friedrich Merz has called on the European Union to axe 25 years of "decline" by rolling out "bold" economic action. Addressing economic chiefs in Antwerp on Wednesday, Mr Merz proposed introducing a set of measures after arguing "minor correction to laws are insufficient". "Only an economically powerful Europe will be a sovereign Europe," the world leader told experts in the Belgian port city. Over the course of Wednesday and Thursday, 27 leaders gathered in a Belgian castle

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