Belgian PM Says Europe Is Losing Ground to US and China
What Happened
Belgian Prime Minister Bart De Wever said Europe is falling behind the United States and China in innovation, productivity and economic competitiveness. Calling Europe an "old continent," he warned that Europeans are no longer at the forefront of innovation and are struggling to keep pace with rapid global changes. He also criticized Europe's dependence on others for defense, saying the continent is unable to take full responsibility for its own security.
Key Takeaways
De Wever's remarks reflect growing concern within Europe about declining competitiveness, sluggish productivity and rising geopolitical pressures. He argued that Europe must undertake difficult reforms and strengthen its economic and strategic capabilities to remain globally relevant.