Why Europe is poorer than it should be | Business Beyond

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Europe is falling behind. Its share of the global economy has been shrinking for decades, and it’s projected to grow more slowly than rivals like the US and China.But one of Europe’s biggest economic problems may be of its own making. The EU was built to function as one huge economy — where people, money, goods and businesses can move freely across borders. In reality, national rules and barriers still divide it into 27 different markets. In this episode of Business Beyond, we look at how Europe’s fragmented economy is holding it back and why fixing it is proving so difficult. #dwbusiness Chapters: 00:00 Introduction 02:21 Why working across Europe is hard 03:53 Why Europe needs one economy 08:21 Why trading across Europe is hard 11:10 Why Europe loses start-ups 13:58 Why Europe lacks investment 18:37 Conclusion For more news go to: http://www.dw.com/en/ Follow DW on social media: ►Instagram: https://www.instagram.com/dwnews ►TikTok: https://www.tiktok.com/@dwnews ►Facebook

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