How can Europe make it back into the race to growth? Interview with Jean-François Robin

Joe Biden recently announced a vast stimulus program of $1,700 billion, and if adopted, this Build Back Better program will seek to bolster manufacturing output and jobs in the United States by creating more than a million jobs.

The entire program is geared to making the US economy net carbon zero out to 2050. How can Europe, and France in particular, react in the face of this colossus? Can – and should – member states aim for equally ambitious program figures at a time when the European Commission president Ursula von der Leyen has already pledged to a €750 billion recovery program?

Jean-François Robin, Head of Research at Corporate & Investment Banking, Natixis, looks at Europe’s strengths and weaknesses.