‘Buy European’: Airbus and others call for sovereign fund and higher Europe tech autonomy

News Snapshot:

Airbus and over 90 other European companies and lobby groups have called on the European Commission to create a sovereign infrastructure fund to boost public investment and bolster the region's autonomy in the tech sector. In a March 14 letter addressed to European Commission President Ursula von der Leyen and Executive Vice President Henna Virkkunen, the signatories — which include Dassault Systemes , French cloud services supplier OVHcloud and the European Startup Network — stressed the need for Europe's technological self-reliance as it confronts a "stark reality" following "developments in U.S./EU relations." "Building strategic autonomy in key sectors is now...