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Follow on Google News | FoxBusiness Article On EU’s Announcement Of Additional Financial Support For Europe ElectronicsPopular news and technology blog DigitalOlympus.com has commented on a recent FoxBusiness.com news article about the European Union’s announcement of a new campaign aimed at coordinating public investment.
By: Fernando McDonald Following a news article by Frances Robinson published on May 23 on FoxBusiness.com (http://www.foxbusiness.com/ The recent FoxBusiness.com news article revealed that the European Commission is launching this new campaign to encourage technical and financial collaboration across borders to boost chip production in Europe, as the primary strategy to manufacture more chips and semiconductors than the U.S. and therefore be more competitive worldwide. According to the FoxBusiness.com news report, the European Commission Vice President Neelie Kroes was quoted saying: "We can even produce closer to 20% amount of global production, more than on U.S. soil, but only if we get our act together. If we don't take the opportunity, others will leapfrog us." Kroes’ declaration clarifies the European Union’s intent to manufacture more chips in Europe, thus surpassing current production in the United States. This new EU’s strategy will include €1.5 billion from EU funds, and probably twice as much from EU Member States and regional institutions; Lead researcher at DigitalOlympus.com Josh Cole welcomed the announcement of this campaign and perceived this new strategy as a great example of successful business intelligence (http://www.nardelloandco.com/ “This strategy was surely developed after conducting thorough due diligence (http://www.nardelloandco.com/ The FoxBusiness.com news article concluded by stating that the European Union needs to swiftly coordinate public investment so that national and regional funds can be used effectively; As a news and technology blog, DigitalOlympus.com advises its readers to further analyze and investigate how business intelligence was a pivotal part in the development of this new campaign by the European Commission and also urges all business leaders to hire outside specialized firms that can carry out a thorough background investigation (http://www.nardelloandco.com/ About DigitalOlympus.com Digitalolympus.com is a news blog dedicated to educating its readers on the latest technology advances. They are committed to gathering information on up and coming technologies that will enhance the lives of their readership. Digitalolympus.com is always at the forefront of technology news and events guiding its readers to accurately determine the best course of action for themselves and their businesses. End
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