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Eastern EU could seize digital economy opportunities

Thursday, December 29, 2022

Significance

This is reflected in increasing convergence with EU living standards, a comparatively rapid post-pandemic recovery and their pro-active role in response to the war in Ukraine. However, intensifying competitive challenges now require a step change in response.

Impacts

  • A much more aggressive strategy is required if technical innovation, production and adoption are to thrive.
  • Government intervention in EU economies may rise to meet the global competitiveness challenge.
  • Developing advanced tech sectors could attract more venture capital to Europe.
  • The war in Ukraine could distract policymakers from long-term priorities.

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