Editorial: Le Monde

• The European Commission proposes a roadmap to enhance the competitiveness of the economy of the Twenty-Seven against the United States and China.
• It proposes three main axes: relieve European regulation, foster innovation and technological development, and finally reduce the fragmentation of strategic markets.
• The EU seeks a transition to a more offensive model that guarantees its sovereignty.
• The Commission promises to revive the Union of Capital Markets to strengthen the European economy.
• The Draghi report estimates the necessary funds to stabilize the European economy at 800 billion euros per year.
• Ursula von der Leyen, president of the Commission, excludes the idea of ​​joint financing from the Member States.

Conclusion: The EU is finally trying to set its plans in motion, but still needs to build its ambition. The proposal is emphasis on simplification and despite their willpower, Europe remains on the defensive.

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