Jamie Dimon, the head of JPMorgan Chase, stressed that Europe is losing its competitiveness against the US and Asia and proposed the completion of the European single market.
Andreea Lificiu
.webp)
Economy
https://www.pexels.com
Always see our news on Google
In a speech to Ireland's Department of Foreign Affairs, Jamie Dimon highlighted Europe's declining competitiveness, which has gone from 90% of US GDP to 65% in 10-15 years. He stressed the need to complete the European single market and harmonize legislation to attract investment. He also noted Europe's vulnerability to geopolitical tensions and sovereignty deficits in key areas. Although investors are becoming more optimistic, challenges remain considerable and trade relations with the US are uncertain. Dimon also warned of inflation risks in the US.
Sources
Avertisment dur al şefului JPMorgan: "Europa pierde teren în faţa SUA şi Asiei"
Jamie Dimon: ”Europa pierde teren în faţa SUA şi Asiei” – Avertisment dur al şefului JPMorgan pentru liderii europeni
Mesajul șefului JP Morgan către Europa: „Sunteți pe cale să pierdeți”
Latest News
18:48
Man died after drowning in the sea, at Eforie Nord. He ignored the red flag and was rescued from the water by lifeguards three times.
18:30
Nicușor Dan and Maia Sandu discussed in Chișinău about European integration and energy security
18:18
Ilie Bolojan: Over 2,000 PNRR projects received in August / Unfinished works will be paid for by local authorities
18:08
The pharmaceutical group Minapharm will develop a candidate vaccine against the Bundibugyo Ebola strain, with funding of 16.5 million dollars.
17:39
The president of USR, Dominic Fritz, reacts to the revelations about Lucian Pahonțu
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
