The article says supply-chain risk has moved up Europe's policy agenda, as obstacles tied to raw materials, semiconductors and logistics declined from 2023 to 2025 according to the European Investment Bank, while regulatory compliance and tariff changes became more prominent. The European Council's 16 October conclusions called for renewed efforts to reduce dependencies alongside industrial renewal, innovation and investment. Citing earlier ING research, it notes reshoring accounted for less than 1% of recorded euro-area restructuring events since 2019, versus around 4% for offshoring. An analysis of M&A by non-financial EU companies shows vertically related acquisitions rose from about 12% of deals in 2015 to almost 18% in 2023 and roughly 16% to 17% in the latest observations, with the share in strategic industries climbing from 16.6% in 2010-14 to 21.6% in 2023-25. The article argues that acquiring suppliers can increase control without moving production, so macroeconomic effects may show up more in capital allocation and financing needs than in domestic output or jobs.
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Original headline: Europe is de - risking without deglobalising | Hellenic Shipping News Worldwide
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