30 March 2020
The European Commission and a number of Member States are responding to the coronavirus (Covid-19) pandemic by reforming foreign (direct) investment (FDI) rules to support EU companies. Europe’s mood is shifting and becoming more protective. Member States are calling for greater coordination of EU and national measures to prevent foreign buyouts, particularly of companies targeted for their know-how in sensitive sectors such as energy, health and robotics. These moves are unprecedented and bold, like many recent steps to address the coronavirus crisis.