France, Germany, and Italy have urged the European Commission to better protect EU states from foreign countries seeking to acquire high-end technology.
EU countries can already block foreign investments on national security grounds, but the three countries’ economy ministers said in a joint letter to EU trade commissioner Cecilia Malmstroem that they should also be able to do it for “economic” reasons.
"EU law gives the right to member states to prohibit foreign investments whi...
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Already a member? Login hereAndrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.
Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.