Europe must accept the challenges of global competition, and transnational investments are the basis of thriving economic development at home and abroad. But EU countries must not allow themselves to become the passive economic playthings of other nations, or of big state-owned enterprises.
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WIESBADEN – State-controlled investments from overseas – so-called sovereign wealth funds (SWFs) – are now the subject of intense debate. The United States and France have made their fears known. In Germany, too, the debate centers on SWFs’ political and economic significance for the country’s future.