European Commission President-elect Ursula von der Leyen wants to set up a €100 billion fund to bolster “European champions” against American and Chinese tech companies. The so-called European Future Fund is part of a 173-page wish list that “European Commission officials want to put onto (von der Leyen’s) agenda,” including items such as greater restrictions on social media, EU unemployment insurance, unilateral tariffs on the United States (with the expectation that the US will leave the World Trade Organization), and more.
