Revitalising Europe's Economy - Enhancing competitiveness
Description
Europe’s economy is facing mounting pressure as recent crises, structural vulnerabilities and accelerating global competition expose the limits of its current economic model. To avoid long-term decline, the European Union must enhance its competitiveness while preserving the values that define it: a social market economy, sustainability, social cohesion and international cooperation. Revitalisation will depend on completing the single market, mobilising large-scale investment in clean technologies, infrastructure and innovation, and pursuing a more strategic and coordinated industrial and trade policy. By aligning economic resilience with climate ambition and social inclusion, Europe can lay the foundations for sustainable prosperity in an increasingly disruptive global environment. This paper was published as part of the 33rd Evian Franco-German meeting (September 4 – 6, 2025)
