European Sovereignty:
the case of listed equities

Defence plays an important and rising role in securing the continent and strengthening domestic production. Indeed, ongoing conflict (...) has emphasized the importance of strengthening defence capabilities across Europe, and called for greater investment, both at the national and EU levels.

In an increasingly uncertain global landscape, European industrial autonomy is emerging as a strategic imperative, as it appears critical to reduce dependency on external suppliers, enhancing economic resilience and fostering innovation.

Financing and modernising critical infrastructures (transport, finance, energy networks, etc.) not only fosters economic growth but also reduces Europe’s dependency on foreign actors, strengthening strategic autonomy. If we look at energy for example, modernising energy infrastructures could save billions in import costs by increasing renewable energy capacity and energy efficiency.

It is critical for Europe to catch up on technological innovation, to bridge the gap with the US..

According to current data, up to 80% of APIs used in Europe and about 40% of finished medicines sold in Europe come from China or India.