Schnabel: Crafted in Europe

Europe’s Role Amid Global Change

We are currently experiencing a time of significant upheaval. Rapid advancements in technology are occurring alongside major shifts in global politics, fundamentally altering the frameworks that have shaped international development, commerce, and security for many years. In this increasingly divided world, Europe is frequently depicted as a region in decline—caught between powerful competitors, hampered by heavy regulations, and struggling to adapt to swift technological progress. However, this perspective, while straightforward, does not capture the full reality. In fact, by numerous standards, Europe remains one of the regions with the highest quality of life and achievement.