00:00What's your biggest concern for the future of the European economy right now?
00:05I think my biggest concern is that European leaders don't realise that both China and the US have hit the
00:13ground running
00:14in the competition for military, for security, for energy, for resources, autonomy.
00:23There is a tremendous amount of investment that is being put to play, and I worry that in Europe we
00:30are going to continue to wonder more about the rules
00:34and about the intra-European differences than about what needs to be done in order to win this race.
00:42I always have this feeling that in Europe we worry much more about the internal enemy than about the external
00:48one, right?
00:49We always worry about whether Italy is going to do this or France is going to do that, rather than
00:55wondering how do we compete in the global scene.
00:58And it's that process, that delay, that worries me, because by the time Europe wakes up, it might be too
01:04late.
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