Europe’s PLAN to Boom Its Economy

Europe’s Competitiveness Crisis: What’s the Plan? Europe’s economic model—once reliant on cheap labor, energy, and outsourced security—faces a harsh reality check. While the EU has outlined a new “Competitiveness Compass” to address innovation, decarbonization, and economic security, many question whether it’s enough. With a widening GDP gap compared to the U.S. and sluggish productivity growth, the urgency is clear. But without major structural reforms and faster decision-making, will these initiatives be too little, too late?

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