Jamie Dimon highlighted Europe's declining share in global GDP and called for a pro-growth agenda. European growth has lagged compared to the US and China, with a significant drop in Fortune 500 companies from 142 in 2004 to 98 in 2024. Energy costs are high, affecting competitiveness. Mario Draghi emphasized the link between decarbonization and economic competitiveness, stating that without addressing energy prices, growth will suffer. He highlighted the need for innovation and the importance of seizing global decarbonization opportunities for the EU.
Jamie Dimon emphasized the need for Europe to adopt a pro-growth agenda to address its declining share in global GDP and competitiveness challenges.
Mario Draghi urged a focus on innovation and economic independence while linking decarbonization to the competitiveness of European economies.
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