Why European workers need to switch jobs

Sep 18th 2025|4 min read

Everyone agrees that Europe is slipping behind America and China—and everyone agrees that something must be done. Deciding what to do is the problem. A year or so ago, Mario Draghi, the EU’s elder-statesman-in-chief, laid out a bold agenda, calling on policymakers to enlarge the single market by lowering barriers to internal trade and unifying capital markets. According to the European Policy Innovation Council, a think-tank, only 10% of his many suggestions have been implemented. “Governments have not grasped the gravity of the moment,” the man himself warned on September 16th.