19:48 14 March 2025
Europe Must Wake Up Quickly
Europe is overly dependent on exports to the U.S., American defense support, Chinese consumer goods, and Russian energy—highlighting the European Union's economic weakness. Despite being one of the world's top three economies, it has reduced itself to a secondary role. The Draghi report warns that if Europe remains passive, it risks losing its global standing and wealth.
“Europe has the potential to be a key global player, yet complacency and lack of cooperation hold it back. Unlike the U.S., where 90 percent of research funding is centrally allocated, in Europe, only 10 percent is managed collectively, leading to fragmented efforts and inefficiencies,” Prof. Witold Orłowski, economist at Vistula University and Warsaw University of Technology, said.
With growing technological and economic competition, both European leaders and citizens must act decisively. As past geopolitical shocks have shown, disruptions may serve as a wake-up call—but will they be enough?
