>High-end chips should be more of a EU concerted effort rather than every country for itself.And how are we gonna do that exactly? EU runs on national interests of those footing the bill, mainly France and Germany as the largest net contributors.
When you're relying on national subsidies to build and run a factory and adjacent infrastructure in a country, you're tied to national interests and demands of those countries footing the bill for all that infrastructure.
So the likes of France and Germany aren't gonna give billions in subsidies from their taxpayers' money to semiconductor companies so that they can incorporate in Netherlands to dodge taxes and then create jobs in low-cost Poland and Romania instead of at home, even though that's already been happening to an extent in other industries over the last 20+ years.
It's the same with arms purchases now. France blocked Ukraine from using its money to buy British made weapons that are already available, since it expects that money to go back into the French economy, not to the economy of a competitor, even if the much needed weapons will arrive much later.
Yeah I know, UK isn't EU anymore, but the point still stands, as EU nations are still economically competitors to each other and they're not gonna spend their tax money to fund competing economies even in the EU block.
And how are we gonna do that exactly? EU runs on national interests of those footing the bill, mainly France and Germany as the largest net contributors.
When you're relying on national subsidies to build and run a factory and adjacent infrastructure in a country, you're tied to national interests and demands of those countries footing the bill for all that infrastructure.
So the likes of France and Germany aren't gonna give billions in subsidies from their taxpayers' money to semiconductor companies so that they can incorporate in Netherlands to dodge taxes and then create jobs in low-cost Poland and Romania instead of at home, even though that's already been happening to an extent in other industries over the last 20+ years.
It's the same with arms purchases now. France blocked Ukraine from using its money to buy British made weapons that are already available, since it expects that money to go back into the French economy, not to the economy of a competitor, even if the much needed weapons will arrive much later.
Yeah I know, UK isn't EU anymore, but the point still stands, as EU nations are still economically competitors to each other and they're not gonna spend their tax money to fund competing economies even in the EU block.