A major breakthrough in European industrial policy is on the horizon, with France and Germany nearing an agreement to boost domestic production of electric vehicles and strengthen the bloc’s media sector. The deal aims to reduce reliance on foreign manufacturers while promoting self-sufficiency in key technologies and content creation. Officials suggest the pact could reshape competition within the EU, though details on implementation and trade-offs remain under discussion. Industry observers are watching closely as the proposal could set a precedent for future economic cooperation across the continent.
Franco-German deal on European content and electric vehicles is imminent, Macron says marketscreener.com