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International Business Times
International Business Times
World
Raziye Akkoc

EU Seeks To Take On China, US To Reverse Economic Decline

The clean energy and digital transitions that Brussels has made its priority will require additional investment of hundreds of billions of euros each year (Credit: AFP)

The European Union's economy is falling further behind China and the United States, a major headache that will dominate leaders' talks on Thursday as they discuss how to stem the bloc's economic decline and bounce back.

From supply chain disruptions following the coronavirus pandemic to an energy crisis after Russia's invasion of Ukraine, Europe's economy has faced multiple challenges in recent years.

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