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EU Overregulation Cuts FDI, Draghi Calls for Reform

6/20/2026

Summary

Story summary

ArcelorMittal executive chairman and Saudi Public Investment Fund governor warned that EU overregulation is constraining business.
The chairman said emissions-trading rules hurt energy-intensive industries.
The governor said the regulatory environment blocks additional foreign capital to the EU.
Former European Central Bank President Mario Draghi’s 2024 report urged Europe to slash business restrictions after EY found FDI fell 7% in 2025 and Brussels tightened investment screening in March.

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Story summary

ArcelorMittal executive chairman and Saudi Public Investment Fund governor warned that EU overregulation is constraining business.
The chairman said emissions-trading rules hurt energy-intensive industries.
The governor said the regulatory environment blocks additional foreign capital to the EU.
Former European Central Bank President Mario Draghi’s 2024 report urged Europe to slash business restrictions after EY found FDI fell 7% in 2025 and Brussels tightened investment screening in March.