EU Ambassador O'Sullivan Says European Investment Is Crucial for U.S.

The transcript discusses the economic interdependence between the US and Europe, highlighting how tax regimes are aligning and the potential impact of Brexit on the UK's tax policies. It emphasizes the strong growth of the European economy, with low unemployment and significant investment from both sides of the Atlantic. The mutual benefits of these investments are noted, with Europe being a favorable place for investment. The need for institutional reforms in the Euro area is also addressed, with a focus on completing the banking union and transforming the European Stability Mechanism into a European Monetary Fund, independent of Brexit's outcomes.

What are the implications of the US lowering its corporate tax rate in relation to Europe?

How does European investment contribute to job creation in the United States?

What is the significance of institutional reform in the context of the euro area?

What are the necessary steps mentioned for completing the banking union in Europe?

What changes are suggested for the European Stability Mechanism?