While the EU itself has caused the decline of industry through carbon projects and bureaucratic madness, it plans to set up a new fund as a financial instrument to promote "green" technology, digitalisation (or control?) and equipment. "The "European Competitiveness Fund" (ECF) is set to unlock billions of euros. Liberal MEP Gerald Hauser argues that the European Commission is completely out of touch with reality: completely different measures are needed to stop the economic downturn.

The ECF is intended to "strengthen European competitiveness in technologies and strategic sectors that are crucial for the EU's competitiveness". The explanatory memorandum to the proposed regulation complains that productivity gaps between the EU and other developed economies have widened over the past thirty years, with the result that the EU has lost competitiveness. "The EU is currently lagging behind in a number of areas such as technological development, research and innovation, infrastructure building, market dynamics and industrial capabilities," it says.

Well, why on earth? That eurocrats are ignoring the real reasons is already evident from the fact that so-called "decarbonisation" is seen as a key to improving competitiveness - and not, as would be right, as a barrier to it. The sectors supported by the ECF are similarly green. For the period 2028-2034, this proposal for a regulation envisages the following:

  • €26.21 billion for "clean transition and decarbonisation of industry"
  • €20.393 billion for "health, biotechnology, agriculture and bioecology"
  • €51.493 billion to promote "digital leadership"
  • €125.204 billion for "resilience and security, defence and space"

"An absurd amount of money is being wasted!", says Gerald Hauser MEP (Freiheitliche). "With all these measures and huge sums, the Commission just wants to cover up its failure! The EU decision-makers are living in a disconnected bubble. The EU is no longer competitive in any way in the areas just mentioned!"

"EU health systems are collapsing and by 2030 the EU will be short of 4.1 million doctors, nurses and midwives," he warns. At the same time, the EU continues to work for its own destruction: "'Green Deal' and the forced decarbonisation of the EU will further accelerate the industrial shutdown. Together with the Mercosur agreement, the Green Deal is also a death blow to European agriculture."

The EU has brought about its own economic recession, but it does not seem to be changing course. Hauser criticises: "Europe's economic collapse, which started with a totally flawed interest rate policy, is accelerating. When the planned regulation literally talks about 'safe, cheap, efficient and clean energy', it can only be regarded as real satire! "The MEP also does not like the monstrous sums allocated to the defence industry. "As far as EU defence spending is concerned, it is enough to look at the way the war in Ukraine is going," says Hauser. "Here too, huge sums are being wasted - in corrupt Ukraine."

The question is: "How do we break out of this vicious circle?" Hauser has some concrete proposals: "We must finally end the Russian sanctions so that we can get affordable energy again. We need to end the Green Deal and the CO₂ madness immediately. And to make life better again: we really need to cut red tape, not just talk about it. Similarly, we need to end human transparency and all digital surveillance. Then a boom will be possible again."

Hauser announced his intention to put the question to the EU Commission. He wants to know:

1. How will the EU Commission save EU health systems?
2. How does the Commission intend - as promised in the Regulation - to provide 'safe, affordable, efficient and clean energy for all Europeans'?
3. Will the Commission guarantee that the planned 'digital wallet' will not be used for full control of all areas (personal, health and financial data)?

On the basis of the proposed regulation, the EU has so far shown no awareness of the problem: the trend is still "more wrong". It seems that EU citizens are facing even more difficult times ahead.

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