There were market ructions over the past week as the release of the Chinese-developed AI model “DeepSeek” saw a sharp selloff in AI-exposed stocks in the US, led by chipmaker Nvidia.
Europe is at a crossroads in terms of its economic performance, with growth diverging sharply from the US is recent years, depressed by the poor performance of the German economy, in particular.
The recent Mario Draghi competitiveness report laid out the challenge starkly, that the EU’s industrial policy, regulatory structure and disjointed capital markets are not fit for purpose in the current global environment.
As the new European Commission beds down, President von der Leyen this week presented her initial plan to implement the Draghi recommendations to boost EU growth in the coming years.
