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In Britain, the economic decline of the EU was compared to a "near-death state"

The Spectator: the economic decline of the EU is comparable to the "dying state"
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Photo: Global Look Press/Eduardo Parra
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The European Union (EU) is currently experiencing an economic decline comparable to a "near-death state". This was reported on May 20 by the British newspaper The Spectator.

According to the publication, since 2000, the share of European industry in the global market has fallen from 22.5% to 14%. Also, the share of steel from EU countries has almost halved: from 7% to 4%. In addition, the number of cars produced in the association fell from 18.7 to 14 million units.

"The facts and figures are amazing. The EU is weak and ineffective, and it should not be taken seriously," the newspaper said.

It is specified that the European Union is also not expected to grow gross domestic product in 2025.

On May 16, Russian Ambassador to France Alexei Meshkov called on the European Union to save its economy rather than try to threaten the Russian one. According to him, the threats voiced by Paris are ineffective.

Переведено сервисом «Яндекс Переводчик»

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