“We need to create a real energy union that can provide industry with stable, predictable and competitive energy,” said the French president.
As Macron emphasized at the industrial summit in Belgium, a single energy market would require large investments in energy networks and the creation of an integrated European network.
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Europe must become an “independent power” in the face of threats from the United States and China, Macron said, calling for protection and support for European producers. “We need a new dimension and new momentum in our approach to end the fragmentation that weakens Europe and threatens to humiliate it,” he added.
The President of France on the common EU debt. “The Only Way”
In the French president's opinion, Europe should also invest in the extraction of key minerals and create their strategic reserves. According to Macron, the only way to keep up with the US and China is for EU countries to issue common debt to increase investments, among others. in security, artificial intelligence and clean technologies.
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On Wednesday, the Elysée Palace also announced that over 15 years, France will allocate EUR 1.6 billion of public funds to invest in decarbonization projects at seven industrial plants in the country.
