The EU “could die” unless it makes itself more competitive with the US and China, Emmanuel Macron has warned. The French president said the bloc was over-regulating and under-investing at the Berlin Global Dialogue event.

The EU “could die” unless it makes changes to compete on key economic indicators with the US and China, Emmanuel Macron has warned.

French President Emmanuel Macron has warned the EU that it needs a huge shift in its economic approach to avoid falling behind the US and China. He said the EU has three to four years to correct course or the damage could be irreversible. Mr Macron made the comments at the Berlin Global Dialogue.

French President Emmanuel Macron delivered a pessimistic outlook for the continent, warning that the European Union could die if it didn’t boost its competitiveness with China and the US.

French president says EU is lagging behind US, China in key sectors, calls for more investment in innovation - Anadolu Ajansı

The EU “could die” unless it makes itself more competitive with the US and China, Emmanuel Macron has warned. The French president said the bloc was over-regulating and under-investing at the Berlin Global Dialogue event.

The French President took aim at former US president Donald Trump during a major conference in Germany, as he warned the EU could no longer rely on American help.

The French President Emmanuel Macron has admitted that the EU 'could die' as he issued a dire warning about the bloc's economy. Macron told the Berlin Global Dialogue event that the EU was over-regulating and under-investing.