Europe’s competitiveness and unity were in focus at a Euronews Executive Lunch in Davos, as the new Trump administration begins its term.
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00:00Europe's competitiveness and unity have been the focus of a Euronews executive lunch in
00:05Davos with top political and business figures debating the EU's economic thrust as the new
00:11Trump administration gets started.
00:16The new Trump administration is a huge opportunity for Europe because Europe needs to and I'm
00:22convinced will get its act together to have more independence to be even further integrated
00:27to complete some of the big projects that were already there for quite a while so that
00:33we are our own continent and do not need to rely on the US as an ally, as a friend.
00:40Donald Trump's inauguration speech did not address global issues suggesting an isolationist
00:46agenda ahead.
00:48Europe has been gearing up for a Trump presidency with a focus on unity in action.
00:54We need more investments in the field of security and defence.
00:58If we want to have more influence on our own future, if we don't want to be a playground
01:06for the others, then it means that it is time to act.
01:09It means that we have to regulate better, maybe we have to regulate less on the one
01:13hand and on the other hand we have to integrate more.
01:16The speakers at the Euronews event in Davos insisted that the European Union should invest
01:21in digitalisation and AI if it wants to remain competitive.
01:28What we would like to do is to kind of be an alternative to Europe in many ways and
01:33of course obviously continuing what we have been doing for the last few decades, contributing
01:37to Europe's digitalisation and I think also help Europe to basically prepare for AI, become
01:44AI-ready.
01:46Global political and economic leaders are gathering this week at the World Economic
01:51Forum in Davos, Switzerland, to discuss the most pressing global issues.