Europe already possesses many of the companies, technologies and industrial sectors needed to sustain a semiconductor market. The challenge is no longer only building fabs, but connecting demand across mobility, energy, healthcare, telecom, aerospace and AI infrastructure.
Strategy Governance
Security and strategic governance shape how states and institutions respond to geopolitical risks, emerging threats and the protection of critical infrastructure.
Six investments in, Europe’s Scaleup Europe Fund is moving from institutional design to market execution. The next test is harder: whether its capital can mobilise markets, attract institutional investors and keep strategic European companies anchored as they scale.
Jean-Christophe Laloux will take over the European Investment Fund with a clear challenge: turning public risk-sharing into lasting private investment capacity capable of financing Europe’s technology companies, industrial supply chains and energy transition at scale.
Nadia Calviño is turning the EIB Group into Europe’s strategic risk-bearer: financing technologies, infrastructure and defence before private markets are ready, while protecting the AAA rating and public credibility on which its financial power depends.
Maria Luís Albuquerque is trying to connect Europe’s vast household savings with the companies, infrastructure and technologies the continent needs—while navigating fragmented markets, national resistance and the tension between productive investment, financial stability and citizen protection.
Europe has the savings and the industrial ambition. What it still lacks is the architecture connecting banks, public institutions and institutional capital to investable projects across technology, energy, agrifood, health and advanced manufacturing.
