The head of state said that what makes Europe strong is that it places people and values at the very core of fostering the economy. “Individual freedoms, self-fulfilment and the possibility to shape one’s own future are the foundations of Europe’s success,” he stated. “Those values are also deeply linked to the historical and cultural heritage of Greece. Striking a balance between economic freedom and social security is very important. The courage to innovate and take risks is born from trust – from the knowledge that you will be supported even if you fail.”
President Karis added that more than anything else, Europe’s competitiveness depends on how much it puts into its people: into science, education and culture. “Investing in people creates value and boosts productivity,” he noted.
The head of state acknowledged Greece for the reforms it has undertaken in recent years, calling it a major success story for the economy and unity of the EU. “You have shown not only that change is possible, but that reforms deliver results,” he said.
President Karis also touched on digital development and AI in his address, citing Estonia’s experience in both areas. “The digital economy has helped us cut red tape and improve access to services in Estonia,” he revealed. “That said, the adoption of new technologies must support people, not replace them.”
The head of state also emphasised the need to reinforce Europe’s single market and capital markets, and to increase investment, particularly in energy and defence. “Competitiveness is security,” he noted. “To cope with the geopolitical challenges we are facing, Europe needs more unity and more investment.”
The Delphi Economic Forum brings together policymakers, entrepreneurs and opinion leaders from across Europe to discuss the future of the economy, security and societies.
Gallery (Raigo Pajula/Office of the President): https://flic.kr/s/aHBqjCRqye
