German Chancellor Friedrich Merz delivered a fiery call for EU deregulation at the European Industry Summit in Antwerp this week, praising China's rapid economic growth as a model of efficiency. 🔥 'China built the world's largest solar farms within months. In the EU, it takes years just for approval,' Merz stated, drawing stark comparisons during his Wednesday address.
With the EU's annual growth averaging 1% over two decades—far behind China's 8% and the U.S.'s 2%—Merz warned the bloc risks falling into irrelevance. 📉 'Only an economically powerful Europe will be a sovereign Europe,' he declared, urging leaders to adopt a 'regulatory clean slate' and auto-approve projects stalled for months.
The proposal, met with applause, comes as 27 EU leaders gather in Belgium to boost competitiveness. Thursday's talks at a Brussels-area castle will focus on revamping the single market to rival global powers. 🏰💡
Merz's message resonates with young professionals and entrepreneurs: 'Over-regulation hampers growth. Our companies deserve administrations that move at TikTok speed, not dial-up.' 🚀 #SlowMoBureaucracy
