The EU's New Plan to Reindustrialise Europe

Order a copy of our magazine Too Long: https://toolong.news/TL008 The EU has proposed new legislation aimed at re-industrialising their economy and increase its share of overall GDP. So in this video, we'll explore their alleged decline, how this legislation aims to reverse it, and whether it will actually work. 📰 Too Long: https://toolong.news/ 🎉 TLDR Party:  https://toolong.news/pages/tldr-party 📖 Read our Manifesto: https://tldrnews.co.uk/manifesto Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought. TLDR is a completely independent & privately owned media company that's not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can't wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks! ////////////////////// Sources Signing off on IAA https://www.scmp.com/news/china/diplomacy/article/3355208/well-be-museum-eu-heavyweights-back-industrial-accelerator-china-shock-fears-grow  Europe deindustrialisation data https://tradingeconomics.com/european-union/manufacturing-value-added-percent-of-gdp-wb-data.html https://ourworldindata.org/grapher/manufacturing-share-of-total-employment?tab=line&country=JPN~USA~GBR~UN_EUR https://ourworldindata.org/grapher/manufacturing-share-of-total-employment?tab=line&country=UN_EUR~POL~FRA~ESP https://ourworldindata.org/grapher/manufacturing-value-added-to-gdp?tab=line&time=1990..latest&country=Sub-Saharan+Africa~South+Asia~East+Asia+and+Pacific~Latin+America+and+Caribbean~Europe+and+Central+Asia~European+Union~Middle+East+and+North+Africa~OWID_EU27~POL~FRA~ESP https://ourworldindata.org/grapher/manufacturing-value-added-to-gdp?tab=line&time=1990..latest&country=Sub-Saharan+Africa~South+Asia~East+Asia+and+Pacific~Latin+America+and+Caribbean~Europe+and+Central+Asia~European+Union~Middle+East+and+North+Africa~OWID_EU27~GBR~USA~JPNhttps://ourworldindata.org/grapher/manufacturing-share-of-total-employment?tab=line&country=UN_EUR~GBR~USA https://ourworldindata.org/grapher/manufacturing-value-added-to-gdp?tab=line&time=1990..latest&country=Sub-Saharan+Africa~South+Asia~East+Asia+and+Pacific~Latin+America+and+Caribbean~Europe+and+Central+Asia~European+Union~Middle+East+and+North+Africa~OWID_EU27~DEU The IAA (current draft) https://single-market-economy.ec.europa.eu/document/download/9bc8eb85-4d43-4025-be7b-c86b9f3648ec_en?filename=Proposal%20establishing%20measures%20for%20industrial%20capacity%20and%20decarbonisation%20in%20strategic%20sectors%20.pdf  Analysis of the IAA https://www.bruegel.org/policy-brief/flaws-european-unions-proposed-industrial-accelerator-act-and-how-fix-them