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EU chief calls for easing rules to take on US, China
Business Standard
|February 12, 2026
The European Union must simplify its regulations to make the bloc more competitive against the likes of the United States and China, European Commission President Ursula von der Leyen said ahead of summits of EU political and business leaders.
EU growth has been persistently lower than that of the United States over the past two decades, with EU productivity and innovation, particularly in fields like AI, falling short.
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