00:02Europe's struggle to build on successful national models across borders could be costing at least 120 billion euros a year
00:10in missed investment.
00:12That is the estimate of Italian think tank the European House Ambrosetti in a study produced with Amazon.
00:19The study analyzes successful national examples across a wide range of sectors, from railway networks to AI, from energy to
00:28smart regulation,
00:28and argues that Europe does not need to imitate foreign models, but rather integrate leading examples at the European level.
00:36The 120 billion euros estimate, however, could be even higher as it refers only to additional direct investment.
00:44It does not count any wider economic benefits, the report says.