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 The EU must reduce its digital gap with its global competitors

The ongoin reduce its digital ce its digital  producing a unification of economic, political, and national security interests. But the EU, unlike its rivals, continues to distinguish economic from political interests and lacks a sense of national security of its own. Unable to integrate all its instruments of power and influence to gain synergies and economies of scale, the EU struggles to compete with its American and Chinese rivals .

 

 The level of digitalization of European companies is still low

Among reduce its digital the measures to mitigate the effects of geopoliticization in the Digital Age, r!uce its industry email list digital  the EU must r!uce its digital gap with respect to its global competitors, as well as its technological dependence, through investment and development, economies of scale, and the integration of production systems. This is a matter of strengthening European “technological sovereignty.”

Digitalization is estimat! to be the main source of GDP growth in Europe in the europe email coming years. By 2025, it could have the potential to generate an additional 30% of GDP growth, equivalent to an additional 1% of annual growth.

However, the level of digitalization

European companies is still limit!. Less than a fifth of companies have a high level of young people learn about coronavirus on instagram digitalization , according to the Digitalization Intensity Index develop! by the European Commission. Furthermore, there are significant variations between the most advanc! countries (such as Finland and Denmark), with levels reaching 50%, and the most backward (Bulgaria, Greece, and Latvia among them), which only reach 10%.

In addition, European SMEs (which represent 99.8% of all businesses and 66.5% of employment) are progressing in digitalization at a much slower pace than large companies.

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