How the EU should respond to American subsidies
Instead of imitating them, it should play to its strengths
This year the European Union will celebrate a momentous achievement: its single market turns 30. The unfettered movement of goods, people, services and money within the bloc, together with an openness to foreign trade and investment, has served the eu remarkably well. But, among the leaders of member countries who had gathered in Brussels to talk about the single market as The Economist was published, the mood was more anxious than jubilant. There is a nagging fear that the eu’s economic model may no longer be working.
This article appeared in the Leaders section of the print edition under the headline “Play to your strengths ”
Leaders March 25th 2023
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