Lhermitte said that during the same period, American investors were frightened by geopolitical tensions, advanced energy costs and slow growth.
The coronavirus pandemic and the rise in power of energy prices launched by the invasion of Ukraine by Russia plunged Europe in times of industrial decline.
“A region without growth for three years is exhausting,” said Lhermitte.
The situation is likely to get worse, in particular with Trump’s threat to increase goods for European products from 10% to 20% while seeing to convince foreign companies to produce more goods in the United States.
“Companies tell us that this is a major reason for concern,” said Lhermitte.
Many companies interviewed agreed with Mario Draghi’s call on massive private and public investments to help Europe compete with China and the United States.
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