Witucki: EU Has 3–4 Years to Reform Before Becoming a "Wealthy Museum"

Maciej Witucki, the new president of BusinessEurope, warns that Europe risks becoming a prosperous but stagnant relic of its former self. He says the EU has at most three to four years to accelerate reforms, cut energy prices and reduce regulatory burdens. A coherent common policy toward China is also urgently needed, he adds.