[Howard Davies] To restore European competitiveness
Judging by its strong, dramatic language, Mario Draghi’s big report on European competitiveness was clearly intended to get EU decision-makers’ attention. Rather than trying to sugarcoat the pill, he warns that Europe is falling ever further behind the United States. Not only has it largely missed the digital revolution, but it is about to miss the AI revolution, too. Not one European technology firm can rival the likes of Apple or Microsoft. Moreover, Draghi notes that productivit
Oct. 1, 2024