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#industry

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MediaFaro News Digest

Italy and Spain back France’s plan to rescue EU chemicals industry.

A ‘critical chemicals act’ would keep the production of key molecules on EU soil, countries argue.

The call builds momentum behind France’s original proposal, obtained by POLITICO last month, which called on the European Union to declare about 15 key chemical compounds “strategic.”

mediafaro.org/article/20250313

The BASF chemicals factory in Germany. | Sean Gallup/Getty Images
Politico.eu · Italy and Spain back France’s plan to rescue EU chemicals industry.Par Leonie Cater
#EU#Chemicals#CriticalChemicals
A répondu dans un fil de discussion
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Félicien Breton 🍉 🔻 🌱

#Budget constraints or spending stimulus?

"#Germany’s Chancellor-to-be Friedrich Merz (after winning the recent election) has adopted the same story. In a complete about-face from his election campaign, when he opposed any extra fiscal spending in order to ‘balance’ the government books, he is now promoting a plan to inject hundreds of billions in extra funding into Germany’s military and infrastructure, designed to revive and re-arm Europe’s largest economy. A new provision would exempt defence spending above 1 per cent of GDP from the “debt brake” that caps government borrowing, allowing Germany to raise an unlimited amount of debt to fund its armed forces and to provide military assistance to Ukraine. And he plans to introduce a constitutional amendment to set up a €500bn fund for infrastructure, which would run over ten years. Suddenly, there is plenty of cash and borrowing to be made available for arms and military ventures."

thenextrecession.wordpress.com

Michael Roberts Blog · Trump’s ‘little disturbance’Speaking to the US Congress yesterday after 100 days in office, President Donald Trump claimed that the new tariffs on imports from the US’s biggest trading partners would cause “a little disturban…
#rearmament#constitution#industry
Suite du fil
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Félicien Breton 🍉 🔻 🌱

"Italy and Spain support issuing common EU debt — which is effectively free money — for defense."

EU member states not wanting to have any outsider saying what you should do include Poland, Finland.

politico.eu/article/eu-leaders

POLITICO · EU leaders fear Commission power grab on defense after Trump’s exitPar Gregorio Sorgi
#rearmament#debt#money
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