00:00One year on, Europe is therefore in a harder place.
00:10Our growth model is fading, vulnerabilities are mounting,
00:15and there is no clear path to finance the investments we need.
00:21And we've been reminded painfully that inaction threatens not only our competitiveness,
00:27but also our sovereignty.
00:30Europe's citizens and companies value the diagnosis, the clear priorities, and the action plans.
00:39But they also express growing frustration.
00:43They are disappointed by how slowly the EU moves.
00:47They see us failing to match the speed of change elsewhere.
00:52They are ready to act, but feared governments have not grasped the gravity of the moment.
01:00Too often, excuses are made for our slowness.
01:04We will see you in the next couple of days.
01:06Thank you.
01:07The end.
01:08The end.
01:09The end.
01:11The end.
