Europe faces a jobs squeeze
Wednesday 3rd June, 2026
EU warns over a million jobs could be lost from high energy costs, foreign competition and the green transition; the Commission will also push a tech sovereignty package as Europe confronts reliance on non‑EU cloud, AI and payment systems. This gives Wise a chance to speak about how efficient, transparent cross‑border payments and resilient fintech infrastructure can support businesses and individuals during economic strain in Europe, especially the UK, by lowering costs and keeping money flowing where it’s needed.
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Why have we flagged this?
The EU warns of job losses and plans a tech sovereignty package affecting payments and cloud — this could shift cross-border payment flows and regulatory landscape where Wise can offer expert comment or data on transaction trends and business impacts.
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