The EU is facing some of the most complex challenges in its history. Geopolitical disruption and volatility are on the rise. A host of disruptive forces are at play, including climate change, the rise of artificial intelligence (AI), and shifting demographics. Competition from the U.S. and China has never been fiercer.
All this has led to a highly uncertain outlook. Mario Draghi, in a recent report on European competitiveness, outlined how Europe must take urgent measures to reestablish itself on the world stage. These include reform of the innovation lifecycle, decarbonization, enhancing security, and reducing dependencies.
