GlobalCompetitiveness

EU Faces Economic Threats as Commissioner Warns of Lag Behind US and China

2 months ago

In a stark warning from the European Union’s economic commissioner, Paolo Gentiloni, it was revealed that the EU risks falling further behind the economic powerhouses of the United States and China. During a recent press conference, Gentiloni emphasized that Europe's current challenges—ranging from energy security to rising inflation—are hindering its competitiveness on the global stage.

EU Set to Endorse Draghi’s Stark Warnings on Economic Lag Behind US and China

3 months ago

In a critical pivot for European economic policies, the European Union (EU) appears poised to align itself with former Italian Prime Minister Mario Draghi's cautionary insights regarding the continent's sluggish growth in comparison to the economic giants of the United States and China. As global economic dynamics continue to evolve, Draghi's assertions have resonated throughout the corridors of power in Brussels.

Hong Kong's Office Spaces Fall Behind in Green Upgrades, Threatening Future Competitiveness

5 months ago

As global awareness of sustainability continues to rise, Hong Kong is facing significant challenges in upgrading its office spaces to meet green standards. According to a recent analysis, the city's commercial real estate market is lagging behind its international counterparts, which could undermine its competitive edge in the post-pandemic world.

Netherlands Revisits Bonus Cap Amidst Banks' Recruitment Challenges

6 months ago

The Dutch government is reviewing its bank bonus cap amid growing complaints by lenders over difficulties in hiring and retaining top executives, threatening to fuel further controversy over the sector's pay arrangements. The review follows claims by the banks that their current restrictions are stifling their ability to compete internationally.