Deutsche: Corona-stimulanserne kan forvride markedet

Deutsche Bank skriver i en analyse, at statslige hjælpepakker har været nødvendige for at komme gennem coronakrisen, og at privat-statsligt samarbejde er nødvendigt for at få en grøn og digital økonomi. Men de samme pakker kan føre til en forvridning af markedet og det europæiske grænseoverskridende indre marked.

Uddrag fra Deutsche Bank: 

Industrial policy in times of COVID-19 and its aftermath

In its industrial policy strategy, the European Commission has merged the goal of reinforcing Europe’s industrial sovereignty and global competitiveness with its overarching objective: the twin transition to a green and digital economy.

Close cooperation between the industry, governments and academia is necessary to meet these ambitions and open questions regarding the realisation and compatibility of the policy objectives need to be addressed along the way.

During the pandemic, the role of the state in the EU economies has strengthened substantially. Hot political debates about normalising the market mechanism and reinstating state aid rules can be expected over the next years.

Risks are that even post-COVID, there might be calls for continued exemptions to the European state aid and competition rules. This could lead to lasting distortions of the single market. [more]