FRANKFURT, – Europe must foster greater political stability, cut red tape and reduce energy price volatility to reverse falling foreign direct investment, EY said after a survey of business leaders.
Business leaders see political instability as a threat to Europe {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}}
The more than 500 executives surveyed by the consulting firm ranked political instability, including upcoming elections, populism and polarisation as the second-biggest risk for Europe, trumped only by an increased regulatory burden.
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Europe has struggled economically for years on surging prices and the fallout from Russia’s war in Ukraine, fuelling populist sentiment that has lifted the far right in European Parliamentary elections and prompted French…
