How the EU’s green agenda can protect the environment and economy

With the European Parliament elections one year away and upcoming national elections in several European Union member states, there are many unknowns about the way Europe will swing politically. But one thing seems certain. While Russia’s war on Ukraine, migration, and climate change – which all feature among the European public’s top concerns in polls  – will be part of the debate, the EU’s response to them will be framed through the prism of economic resilience and competitiveness. With annual inflation rates in the EU currently still high at around 6 per cent, business organisations complaining, and cost of living concerns featuring prominently in media across the EU, European politics is going through another very economic moment.

Seemingly every week, EU member states announce new kinds of support for industries deemed critical for competitiveness and resilience, such as those for microchips, batteries, and medical supplies. The European Commission’s economic security strategy, launched on 20 June, also emphasises the importance of risk assessment in key areas such as cyber security, technology leakage, and supply chains. Simultaneously, business organisations, influential sectors such as agriculture, and the European People’s Party political group are calling for a regulatory pause on environmental legislation, and their message is getting through.

Fidelity European Trust PLC (LON:FEV) aims to be the cornerstone long-term investment of choice for those seeking European exposure across market cycles.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
X
LinkedIn
Fidelity European Trust

More articles like this

Fidelity European Trust

European markets start the week on a positive note

European markets opened the week with a positive trend, as investors shifted their focus from last week’s negative sentiment to the upcoming interest rate decision by the Bank of England. The Stoxx 600 rose by 0.26%

Fidelity European Trust

European stock market soars to new heights

European stocks achieved a new record, driven by the ongoing surge in technology shares and expectations of an interest rate cut from the European Central Bank (ECB) on Thursday. The pan-European Stoxx 600 index increased by

Fidelity European Trust

European stocks shine with Stoxx 600 rising 0.53%

European stocks closed on a bright note on Monday. The pan-European Stoxx 600 climbed 0.53%. Germany’s DAX jumped 0.96%, while France’s CAC 40 ended 0.49% up, while Switzerland’s SMI both ended higher by 0.49%. The London