Germany ties itself to Taiwan on chips. It comes with risks.
A new microchips plant by world leader TSMC is a boon for Dresden, but Berlin wants to avoid alienating its major trade partner Beijing.
Institut Montaigne
French far right backpedals on big-ticket proposals as markets tumble
French Finance Minister Bruno Le Maire has raised alarm that France could face a financial crisis if the far right were to win in the legislative elections.
Macron’s high-risk election puts France’s economy on the line
The rise of the far right is sending tremors through financial markets and could push French debt deeper into the danger zone.
Europe vs China: how many divisions?
Next week’s EU-China Summit will not lead to grand changes in both superpowers’ fraught relationship, and it is high time the EU starts thinking collectively on pushing back against China’s bullying ways, Institut Montaigne’s François Godement writes.
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Behind shiny new semiconductor investments, the EU Chips Act needs more work
While Thierry Breton hailed chip manufacturers’ recent investment pledges in Europe as a ‘culmination’ of the EU’s industrial strategy and its newly-adopted Chips Act, a lot more work is needed.
Breton: TSMC chip factory investment marks ‘culmination’ of EU industrial strategy
Taiwanese semiconductor manufacturer TSMC’s €10 billion investment in a new chips factory in Germany marks the “culmination” of the EU’s industrial strategy of the past few years, EU’s Single Market Commissioner Thierry Breton said.