Latest European Industry News & Updates

Major EU Countries Unite Against Cheap Goods Influx, Eye Stronger Measures

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New Delhi, May 26 (IANS) Major EU member countries are working towards taking stronger measures to prevent their economies from being hit by the flood of cheap goods from countries with “industrial overcapacity” such as China, according to a media report. “A paper signed by Spain, Italy, the Netherlands, France, and Lithuania, days before a major China-focused debate in Brussels, said the bloc must respond more aggressively to ‘systemic and structural industrial overcapacity’ – phrases often…