Home › Archive › In the Media › ČRo Dvojka | Viktor Daněk: We are only fulfilling partial points of Draghi's report. Without radical changes, the EU will not withstand the global worldČRo Dvojka | Viktor Daněk: We are only fulfilling partial points of Draghi's report. Without radical changes, the EU will not withstand the global world
At the beginning of September, it will be one year since the publication of the Draghi Report, which warns the European Union about its declining competitiveness. “Unless something truly radical happens, Europe cannot hold its own in a global world alongside major players like the United States and China,” says Viktor Daněk, Deputy Executive Director and Head of the Prague Office at the EUROPEUM Institute.
28. August 2025
Europe has a huge problem because it is losing competitiveness. The gap between it and the United States, the world's strongest economy, is widening. And the main reason is demographic change.
The generations entering adulthood are smaller than those retiring. And the difference is so significant that by 2050, the European labor market will be losing one million workers every year.
A great example is the Capital Markets Union. The Czech Republic would be one of the best-case examples of countries that could benefit, because we are a predominantly export-oriented economy, and our prosperity is based on EU membership. Yet, at the same time, we are blocking a unified capital market, which would help skilled Czech companies more easily find investors to support their growth into other EU countries.
You can listen to the full interview here.
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