Von der Leyen and Draghi Unveil Strategies for Europe's Future Competitiveness

President von der Leyen and Mario Draghi have unveiled the report on the future of EU competitiveness in a joint press conference. Learn about their strategies for driving Europe's clean and digital transition, fostering skills, and enhancing resilience to secure long-term growth.

#EUCompetitiveness #DigitalTransition #CleanEconomy #FutureOfEurope

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[EuropeanCommission]

You can read the Future of European competitiveness report, both "Part A | A competitiveness strategy for Europe" and "Part B | In-depth analysis and recommendations" at the following link:

[momomo]

I would really like this man to lead the EU commission sooner than later

[Pattern-Recognition]

von der Leyen will go down in history as one of the key factors of the erosion and even downfall of the EU. She is a catastrophe for the future of the EU.

[MrHal]

Please give that man responsibility in the EU.

[andreselectrico]

Mario Draghi is a clever man, and he’s speaking the truth. But, in fact, many people have been saying this for years. The term "industrial policy" (though Mr. Draghi still denies it, likely to save face) was once unspeakable in polite circles. It was pure ideology, disguised as common sense. Those who called attention to it were ignored, ostracized, or mocked—until very recently. For them, this must feel both vindicating and insulting. Entire countries suffered deindustrialization and austerity policies in the name of cutting labor costs, market flexibility, and other empty promises, which were supposed to lead to innovation and prosperity. The results, however, are clear: lack of competitiveness, public anger, political instability, and scapegoating of the most vulnerable, including the migrant population. Now that the situation can’t be ignored, they suddenly communicate a change of heart. It’s not quite a full reversal, but it certainly feels overdue.

The treatment of the qualified workforce has also been abysmal. For example, in Germany, the most economically important country in the union, PhDs are forced to take short-term jobs repeatedly, preventing them from focusing on any long-term projects—those that contribute to innovation and productivity—while jeopardizing their own economic well-being. Many suffer from depression, mental breakdowns, or simply leave research altogether, taking jobs in other sectors where they are overqualified but at least financially secure. Others leave Europe, contributing their ideas to other geopolitical regions where their qualifications and potential are respected, protected, and promoted. Meanwhile, some sink into poverty, their potential wasted. Is this any way to manage your top scientific talent? Could there be a more stupid approach? Despite official protests from academic bodies, nothing has changed. The rhetoric about innovation and productivity, while essential, now rings hollow.

The issue of public finance has also been raised for years. Yet the official stance has always been to minimize public expenditure as much as possible. All sort of ideologues built entire careers on this nonsense. Meanwhile, less developed countries in the EU were constrained by the single currency, which, by design, prevented them from increasing public spending in the first place. Other more developed countries, like Germany, voluntarily shot themselves in the foot by legally restricting the productive use of public funds—a situation that persists even now. We can all imagine the impact this has had on wages and living standards for low- and middle-income earners. And now, they’re asking all member states to contribute again. What effect will this have on these countries’ internal situations? More austerity for the poor? More taxes on the middle class?

Too little, too late. I sincerely hope I’m wrong.

[meibing]

Report says all the right things. Have to see European politicians react adequaly to correct the problems to believe it.

[giuliocaprini-bepj]

Implement the Plan soon, sooner than possible

[bravo]

I live in Asia. I had chance to experience living in the country where the large projects are successfully completed. Industry is thriving and growing according to the strategies. When EU needs 1 year to write a 70pages report (this is what I found), you know how far these people are from the market.

[alexromano]

Per un'Europa unita e forte! Grazie Mario. 🇪🇺

[energy]

Finally somebody said the obvious - the king is naked! Give this man to spearhead this change!

[malvinderkaur]

EU is far advanced in looking after its public social civil civic systems its very visible and result oriented also its easier to manage it because of small sized compact Nations

[blertastringa]

I love 🇪🇺, we are such a great continent but we have to work together if we want to compete with China, India and USA

[hiru]

Thank god there is Draghi. I really hope the Eu will listen and act for real

[MV-syid]

Great speach and report. It is important to make EU aparatus effective and agile to ensure decision making. Start acting!

[niklasnorberg]

More EU is NOT the solution. We are now all locked in some sort of center right economical system and i think it sucks.

[DavidCampero]

Now for the most important part... Apply it. It would be a shame if they didn't apply it after his amazing work with the report. Europe needs less regulation, make the continent startup and business friendly, and invest like crazy in silicon and technology, but the good kind, not just digitalisation.

[moma]

The characters' personalities are enough for me to know that it is not worth following this lecture.

[jonasg]

OMG, I rewatched this video 20 times. I love it.

[mafatovitch]

ad unionem realem Europaeam, vivificamus linguam Latinam sicut Hebraei hebraicam renovabant. Non insanit, ambitiosus est! 😇💪✊

[jordicampasvelasco]

Where can we download the report? Thank you in advance