"Brussels wants to reduce dependence on American tech giants with a tech sovereignty package to be presented in the spring. Kent Walker outlines in the Financial Times that the EU is facing a "competition paradox." The bloc wants to stimulate growth, but at the same time, it is restricting the use of the technologies needed to achieve it. The timing is interesting. On Thursday, European leaders met in Belgium to discuss how to strengthen European competitiveness in a volatile global economy."
"Europe's pursuit of digital sovereignty has gained new momentum in recent months. Fears of a tech decoupling due to US President Donald Trump's foreign policy are playing a major role in the expected growth of sovereign cloud infrastructure. Europe is currently preparing a sovereignty package that will be presented in the spring. This package aims to expand sovereign cloud solutions and strengthen Europe's independence in software."
Europe risks undermining competitiveness by restricting access to foreign technology while pursuing digital sovereignty. Brussels plans a tech sovereignty package in spring to expand sovereign cloud solutions and strengthen software independence. Concerns about US policy and potential tech decoupling are driving interest in local infrastructure. Tight regulatory requirements and barriers to using leading technologies could hinder innovation and economic growth. An approach of "open digital sovereignty" would combine local control and compliance with access to global technologies through collaborations between American and European firms that allow local storage, control, and adherence to European requirements. European leaders are prioritizing measures to boost competitiveness in a volatile global economy.
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