Davos AM25 - Europe: Finding the Money - English
Europe's triple objectives of technology competitiveness, a decarbonized economy and effective defence have been priced at €800 billion a year in fresh money even as national treasuries are depleted and demographic decline places pressure on the region's social safety nets.
With shallow and fragmented capital and banking markets – reflecting a still incomplete European Capital Markets Union – but high levels of private savings, what tools can help Europe bridge the gap?