back to article Europe benched in high tech 'Champions League' says ASML

The EU needs to get serious and act more decisively and collectively if it wants economic security, especially in advanced technology, as it is trailing global rivals such as Japan, China, and the US. This was the sobering opinion from Dutch photolithography giant ASML at a conference on European competitiveness and economic …

  1. elsergiovolador Silver badge

    Corruption

    The problem of EU is corruption. Too many people want as big slice of the pie as they can get their paws on.

    The best way to get a brown envelope is to create a bureaucratic roadblock and being "difficult". If the number of corrupt officials goes beyond the critical mass, nothing can be done.

    1. StrangerHereMyself Silver badge

      Re: Corruption

      It's not necessarily corruption, but I do agree that many countries want to use the EU to further their own interests.

      France comes to mind in this regard. The country sees the EU merely as a vehicle to further its own agenda and if possible to let other Europeans pay for supporting its industries. If Germany ever wakes up and becomes more proactive I see the EU crumbling very quickly.

      1. unimaginative Silver badge

        Re: Corruption

        I agree, but why would countries be in the EU other than to further their own interests?

        1. StrangerHereMyself Silver badge

          Re: Corruption

          Did you know that France intended to blow up the European Union after the German reunification? Their stance was that if they couldn't lead and mold the EU to serve their own self-interests they weren't interested in being a part of it. That illustrates how France sees the EU.

    2. OhForF' Silver badge
      WTF?

      Re: Corruption

      You seriously believe corruption is the big issue that stops the EU from playing in the same "high tech champion league" with China and the US?

      1. elsergiovolador Silver badge

        Re: Corruption

        What else?

        1. Zolko Silver badge

          Re: Corruption

          I think it was irony in saying that the EU is in the Champions League where corruption is concerned.

    3. jmch Silver badge

      Re: Corruption

      "The problem of EU is corruption. Too many people want as big slice of the pie as they can get their paws on."

      And not in China or the US? pull the other one!!

      The real problem with tech development (as well as many other things) in the EU, is that the priority for most people and countries is always country first, EU second (or further back), while in the US and China it's country first, second and third.

      1. Zolko Silver badge

        Re: Corruption

        I rather think that in the EU, the priority is USA first : that's where the orders come from, look at ASML or Huawei

  2. StrangerHereMyself Silver badge

    Vague

    I'm unsure about what ASML's CEO is proposing. Does he want the EU to buy more of his machines or more financial support for European chip manufacturers so they can buy ASML's machines?

    There's a huge demand for electronics so if I were ASML I'd propose export subsidies for its machines to non-aligned countries like Vietnam, Philippines and Indonesia.

    India is also a huge potential market but I'd be careful supporting the sub-continent since it may develop in a similar manner to China in the intermediate future, becoming a threat to Western interests and the West itself.

    1. unimaginative Silver badge

      Re: Vague

      India is very different from China. Much as I dislike the current Indian government, it is still a democracy, and has free press and meaningful opposition.

      its interests may not be aligned with the West's, but not all Western countries interests are aligned either. Do the US and Germany have the same difference priorities? Not since China became a bigger threat than Russia to the US. Do the UK and the US have the same economic interests? Sometimes.

      1. Anonymous Coward
        Anonymous Coward

        Re: Vague

        THE U.S. STATE DEPARTMENT encouraged the Pakistani government in a March 7, 2022, meeting to remove Imran Khan as prime minister over his neutrality on the Russian invasion of Ukraine”

  3. druck Silver badge

    Champions League?

    It's more like jumpers for goal posts in the EU, the only thing in the play-book is to sue the opposition for unfair competition and hope no one notices the score.

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