BRUSSELS: Everyone in Europe agrees the EU needs to rescue its industry but the bloc is split over how far it should push a ‘Buy European’ approach in order to do so. The European Commission, the EU’s executive arm, will next week propose new rules that are expected to include a requirement for companies in strategic sectors to produce in Europe if they want to receive public money.

BRUSSELS: Everyone in Europe agrees the EU needs to rescue its industry but the bloc is split over how far it should push a ‘Buy European’ approach in order to do so. The European…

The European preference strategy is facing intense lobbying from both inside and outside the bloc. Already delayed once, the proposal now risks being pushed back again.