Alessandro Cendrello, EY Managing Partner for EU Institutions
The European Union (EU) has a strong track record when it comes to creating long-term value for its citizens.
As a project, the European Union seems to be losing its appeal – for both Member States and citizens. Despite the EU’s undoubted achievements in terms of living standards, human rights, quality of life and welfare, the project is under threat from a demanding and volatile world. This world is characterized by growing social inequality, rising populism, trade tensions and game-changing technological revolution. As a result, the EU needs to keep reinventing itself if it is to be resilient and future-proof its strategy in the face of changing global dynamics.