ASML CEO says EU Commission should not try to direct strategic projects

Image for article ASML CEO says EU Commission should not try to direct strategic projects
News Source : Yahoo Entertainment

News Summary

  • The CEO of top European tech ‌firm ASML welcomed most ‌proposals made by the EU Commission this week.
  • Christopher Fouquet cautioned against plans for its involvement in steering or monitoring "strategic projects" He said such projects "need to respond to the needs of industry" and are better left to firms to propose.
  • Fouquet’s remarks are among the first from a leading figure in European industry to the package, which is the centrepiece of Brussels’ plan to close the technology gap with the u.s. and Asia.

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