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EU could recoup third of US economic lead with bigger firms, ECB says

Summary by WTVB
FRANKFURT, Sept 23 (Reuters) – The European Union could close a third of its productivity gap with the United States if it had as many large companies, the ​European Central Bank said on Wednesday, adding its ‌voice to calls for reforms that make it easier for businesses to scale up. European policymakers are trying to tackle the EU’s economic underperformance relative to the United States, which is home to many of the ‌world’s ​largest companie…

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The European Union (EU) could reduce its productivity gap with the United States by a third if it had the same share of large companies, the European Central Bank said, adding to calls for reforms to make it easier for EU firms to grow. Reuters reports. The European...

·Bratislava, Slovakia
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The European Union could reduce a third of its productivity gap with the United States if it had the same number of large companies, the ECB said, thus adding to calls for reforms that would facilitate the growth of companies.

·Mexico City, Mexico
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El Economista broke the news in Mexico City, Mexico on Wednesday, September 23, 2026.
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