Back to the Future: How Investing in Europe’s Competitiveness Can Spur a New European Renaissance

Often overlooked amid focus on the US–China rivalry, India’s rise, and the dynamism of emerging economies, Europe is sometimes dismissed as a continent of the past. Yet this misperception is a catalyst for renewal. Across the continent, leaders such as Mario Draghi, Enrico Letta, UK PM Starmer and German Chancellor Merz advance bold visions for strengthening Europe through strategic investment in infrastructure, innovation, and industrial capacity. Building on unique assets—world-class universities, cutting-edge research, and global cities attractive to talent—Europe and the UK are in position t to lead in decarbonization, infrastructure investment, and scaling of next-generation technology champions. Renewed focus on defense and security also extends to ensuring security of supply: building resilient, durable, affordable industrial and energy systems that underpin Europe’s transition to a sustainable future. This panel brings together government leaders, innovators, investors, and others charting a course for Europe as the once and future dynamic continent, not just the past.