Airbus and others require a sovereign fund and autonomy of higher Europe

Airbus More than 90 other European companies and lobby groups called on the European Commission to create a sovereign infrastructure fund to increase government investments and strengthen the region’s autonomy in the technology sector.

In a letter on March 14, addressed to the President of the European Commission Ursul von der Leyen and executive vice -president Virkun, which include which include Dassault SystemsSupplier of French cloud services Ovhcloud And the European launch network stated the need for Europe’s technological independence when it faces the “reality of” subsequent “events in US/EU relations.

“The embedded strategic autonomy in the key sectors is now recognized as an urgent imperative throughout Europe,” the letter reads. He emphasized that Europe is now in a “backward position” in the digital space-significant US and China will have an almost complete dependence on non-European technologies less than three years at the current speed.

“Europe must restore the initiative and become more technologically independent in all layers of its critical digital infrastructure: from logical infrastructure – applications, platforms, media, frames II and models – to physical infrastructure – chips, calculations, storage and connection,” Many dependencies, create security and creation of traits that remake our moto. “

The main request for a letter on the “pragmatic industrial policy strategy” is the need for introduction to Europe by the official requirement for the public sector “Buy European”, as well as to stimulate the private sector to direct such purchases-not to exclude non-European players, but to create a space where European suppliers can be legalistic.

The letter also needs to create a sovereign infrastructure fund for state investment in technology, especially in “capital” projects such as quantum and chips, asking “significant” funds either allocated or signed by the European Investment Bank and national state financing bodies.

Europe seeks to gain strength in the technology sector, where executives and venture capitalists call for additional investments and weaker regulations to rejuvenate growth – especially in the booming space.

Last October, the founders of some largest technology firm in Europe signed an open letter calling for the creation of a common European person to promote startups and innovations in the block.

The letter notes the fragmentation between the European countries, where “legal and normative compliance is a burden, and cross -border cooperation,” which, according to its signatories, ceased its competitiveness in the world stage of technology.

Europe’s dependence on the US for critical technology such as AI was also dominated by discussions in Conference on Web -Simito Technology In November, after the election of US President Donald Trump.

Proton CEO Andy Yen said CNBC at the conference that Europe should take similar thinking to American protectionism and become more “first Europe” to resist US technology domination.

Against the backdrop of aggressive US and tariff protection policy, the European Union has increasingly sought to ensure growth and strengthen its autonomy, offering financial measures that could mobilize almost 800 billion euros (872 billion) for higher cost defense costs earlier.

Shift in European fight against defense followed Public fruit Between US President Donald Trump and Ukrainian leader Valodimir Zelensky. Recently elected White House leader decided stop all military assistance to Ukraine After falling, forcing Europe to enhance its own Opportunities Seeking to “enhance” its support to Ukraine.

European defense actions have gathered from the back of these discussions, and the regional aerospace index and defense have been shot by 35%since the beginning of the year.