🚨 MARIO DRAGHI JUST TORCHED THE EUROPEAN STATUS QUO “The EU economy is stagnating while the rest of the world grows. Time is not on our side.” A brutal reality check from one of Europe’s most respected leaders. Key takeaways from his speech 👇: 1️⃣ EUROPE IS FALLING BEHIND IN AI. “8 out of the top 10 large language models come from the US. The other 2? China. Every day we delay, the technology frontier moves away from us.” 2️⃣ ENERGY PRICES ARE A DISASTER. “European power prices are 2-3x higher than in the US. A severe winter event saw German electricity prices spike tenfold.” 3️⃣ A TRADE WAR IS COMING. “The new US administration will impose tariffs on the EU—probably in weeks, not months. China’s overcapacity will flood our markets. European firms will suffer.” 4️⃣ EUROPE IS ITS OWN WORST ENEMY. “Our internal barriers act as a 45 percent tariff on manufacturing and 110 percent on services. We are blocking our own growth.” 5️⃣ CAPITAL MARKETS ARE BROKEN. “We sit on €300 billion a year in savings, yet our startups struggle for funding because we rely on bank lending instead of equity markets.” 6️⃣ ENERGY, AI, AND DEFENSE ARE EXISTENTIAL RISKS. “We act as 27 different countries while the world moves as blocs. The EU is less than the sum of its parts. That must change.” 7️⃣ LEGISLATION IS TOO SLOW. “If we take 20 months to legislate, we’re already outdated before implementation.” 8️⃣ FINAL WARNING: “If we want to defend our interests, keep our industries, and offer hope to our people, we must act as one state. Or we will be left behind.” Draghi did not hold back. Will Europe listen? RT if you agree.

Well said @mrubin1971 Cyprus can be an invaluable partner to the USA for regional peace.

Thank you @USAmbCy for your tremendous efforts in making real progress on this agreement!

#incredible #India

Very proud of my citrus fruit harvest at #Rizesestate #ΚτημαΡιζες !

Excellent news for @emirates and #UAE. A reflection of the continuous and sustained growth of #Dubai and #UAE as a hub

In #cyprus @vinocultura

Very proud of our amateur high quality olive oil at #Rizes Estate

Harvest day at Rizes Estate!

Following local traditions in #Singapore for good #fortune

Thrilled to be spending a week in #Japan for business. From #tokyo to #kyoto . What an impressive country!

On the virus of Kleptocracy: How London became the dirty money capital of the world ft.com/video/d3bafb94-9dbd-4… via @FT

#Dubai: a pandemic boomtown thanks to its sky-high vaccination rates, low COVID rates, open borders and zero income tax! #loggerheadpartners wsj.com/articles/sky-high-va…

Τα Γλυπτά του Παρθενώνα και το ελληνικό αίτημα για την επιστροφή και επανένωσή τους, στο πρωτοσέλιδο των Financial Times της Τετάρτης

Europe's economy is moving from recovery to expansion! Growth for 2021: 🇮🇪 14.6 🇪🇪 9.0 🇭🇷 8.1 🇭🇺 7.4 🇬🇷 7.1 🇷🇴 7.0 🇫🇷 6.5 🇸🇮 6.4 🇮🇹 6.2 🇧🇪 6.0 🇱🇺 5.8 🇨🇾 5.4 🇪🇺 5.0 🇲🇹 5.0 🇱🇹 5.0 🇵🇱 4.9 🇱🇻 4.7 🇪🇸 4.6 🇵🇹 4.5 🇦🇹 4.4 🇩🇰 4.3 🇧🇬 4.1 🇳🇱 4.0 🇸🇪 3.9 🇸🇰 3.8 🇫🇮 3.4 🇨🇿 3.0 🇩🇪 2.7