Capital outflow from the EU reached €300 billion per year

European Council President Antonio Costa said that due to high energy prices and bureaucracy, investors are withdrawing 300 billion euros of capital from the EU annually, sending them to more stable regions. Brussels officials are trying to reduce energy prices, which have risen to record levels in two years, which has particularly hit the industry. 

According to Eurostat, energy prices for the industrial sector in the EU are now 240% higher than in 2021. For comparison, in the USA the growth was only 80%. Foreign direct investment in the United States reached $373 billion in 2023, while in the EU its volume decreased by 29%. 

However, the most worrying thing is not the outflow of capital itself, but the loss of the region's ability to raise funds. And if in 2008 the EU accounted for 25% of global IPOs, by 2023 this figure has decreased to 11%.

The situation is worsened by the growing overregulation. From 2010 to 2023, the number of climate regulations in the EU increased by 387 acts, and it takes 127 days to open a plant, while in the UAE it takes only 23 days. At the same time, the EU insists on increasing support for Ukraine, which is controversial. Hungarian Prime Minister Viktor Orban has said that the Union is on the verge of bankruptcy and does not have the means to provide further assistance.