Editorial: Le Monde

• Emmanuel Macron expressed his desire for the EU to become a world leader in key sectors such as Artificial Intelligence by 2030.
• Significant threats to the European industry come from China and the United States.
• China's rapid industry innovation and the US's massive investment into eco-industries are undermining Europe.
• The EU needs to strengthen its industrial protection to prevent companies from migrating to more attractive markets.
• The Covid-19 pandemic and the Russian invasion of Ukraine have heightened recognition of Europe's dependence on the outside.
• Although EU's industrial policy has been reformed, it remains insufficient in the face of challenges from China and US.
• Investment into an EU-wide budget is vital for the region's economic future.
• The European elections on June 9 offer a key opportunity to debate these challenges.

Conclusion: The EU's future and global position depend on the creation of a common economic strategy that can generate innovation, quality jobs and fund its social model.

---