Part 7/10:
Simultaneously, a strategic shift in regulatory policy has played a role. The EU has begun to relax some aspects of its ambitious Green Deal—delaying certain climate legislation, lowering carbon commitments, and postponing key environmental laws. While this has sparked debate across the political spectrum, many industry stakeholders see this as a pragmatic move to bolster competitiveness and confidence amid global uncertainties.
Broader Trends and Future Outlook
While acknowledging that European GDP growth remains below desired levels and there is significant regional variation, it’s important to recognize that most major economies are grappling with similar challenges. The narrative of Europe's decline is increasingly being challenged by evidence of strategic adaptation and resilience.