eus juncker to seek powers to screen foreign takeovers
Last Updated : GMT 05:17:37
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Last Updated : GMT 05:17:37
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EU's Juncker to seek powers to screen foreign takeovers

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Emiratesvoice, emirates voice EU's Juncker to seek powers to screen foreign takeovers

President Jean-Claude Juncker
Strasbourg - Emirates Voice

 European Commission President Jean-Claude Juncker on Wednesday said he would seek powers to screen foreign takeovers in Europe's strategic sectors, amid worry about investment by China.

"We are not naive free traders. Europe will defend its strategic interests with an EU framework for investment screening," Juncker said in his annual State of the Union speech to the European Parliament in Strasbourg.

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