France, Germany Reach Deal on Industrial Accelerator Act, Reshaping 'Made in Europe'

Paris and Berlin have resolved months of disagreement over the Industrial Accelerator Act, a legislative package aimed at bolstering European industrial sovereignty, particularly in the automotive sector against Chinese competition. The agreement ends a historic dispute over the definition of 'Made in Europe', potentially harmonizing standards and accelerating investment. This political breakthrough could reshape EU industrial policy and competitiveness, though implementation details remain unclear.