Article #238489

Leaders to discuss once-taboo policy of favouring European companies, in attempt to regain economic competitiveness

EU leaders are expected to diverge on whether “Buy European” is an answer to Europe’s waning economic fortunes, at a summit on how to secure the continent’s future in a more volatile global economy.

At a moated castle in the east Belgian countryside, the EU’s 27 leaders will gather on Thursday for a brainstorming session on how Europe can regain its economic competitiveness vis-a-vis the US and China, at a time of economic threats and political turbulence.