EU competitiveness

Little is being done to avert Europe's economic decline. According to Filip Křenek, an analyst at the EUROPEUM Institute, member states must accept that some of them will have companies of global significance and others will not. Otherwise, Europe will not be able to remain competitive. He added what would be beneficial for the Czech Republic for Seznam Zprávy.

Electric vehicle battery prices are being dragged down by the falling value of key metals such as lithium and cobalt, but also by cheap Chinese production, which now dominates global markets. At the same time, China dominates the value chain of key materials and is interested in maintaining this dominance, says Filip Křenek, project coordinator and analyst at EUROPEUM Institute, in an interview with Ekonomický deník.