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? Support the Channel: 💁‍♂️ Patreon: https://www.patreon.com/eumadesimple ☕ Buy me a Coffee: https://www.buymeacoffee.com/EUMadeSimple 📷 Youtube: https://www.youtube.com/c/TheEUmadeSIMPLE Website: https://eumadesimple.eu/ Social Media: 📷 https://www.instagram.com/eu_made_simple/ 𝕏: https://twitter.com/EU_Made_Simple 📹 https://www.tiktok.com/@eumadesimple 👥 Discord: https://discord.gg/ccU4JSKAEy Other Languages: 🇬🇧 English: http://www.youtube.com/@EUMadeSimple 🇩🇪 German: http://www.youtube.com/@EULeichtGemacht 🇫🇷 French: http://www.youtube.com/@LUESimplifiee 🇮🇹 Italian: https://www.youtube.com/@UEinmodosemplice 🇷🇴 Romanian: https://www.youtube.com/@UEinModSimplu 🇧🇬 Bulgarian: https://www.youtube.com/@ЕСОпростен 🇬🇷 Greek: https://www.youtube.com/@EE_APLA Sources https://sciencebusiness.net/research-and-innovation-gap/zaharieva-sets-out-plans-european-innovation-act https://www.europarl.europa.eu/topics/en/article/20180706STO07407/what-progress-has-the-eu-made-against-climate-change-infographics https://www.consilium.europa.eu/en/policies/competitiveness-compass/#:~:text=Objectives%20of%20the%20competitiveness%20compass&text=The%20compass%20guides%20the%20Commission's,reducing%20dependencies%20and%20increasing%20security https://commission.europa.eu/document/download/10017eb1-4722-4333-add2-e0ed18105a34_en