A Kerry MEP says Europe has lost competitiveness in many respects including in energy and electricity prices.
Seán Kelly was responding to the Draghi Report’s recognition of the need to create a better environment for new businesses.
The Fine Gael leader in Europe says it’s unsustainable that Irish start-ups must seek investment in US Capital markets.
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He believes supporting the development of the EU’s Capital Markets Union would enable companies to thrive here.
The Ireland South MEP says to compete globally - decarbonisation and renewable energy deployment must be accelerated.
