The Japan Times - Metsola Urges EU Investment to Secure Global AI Leadership

EUR -
AED 4.058922
AFN 70.73384
ALL 90.622631
AMD 400.360003
ANG 1.978174
AOA 1013.487816
ARS 1707.851119
AUD 1.626759
AWG 1.991056
AZN 1.882497
BAM 1.954114
BBD 2.232204
BDT 137.851062
BGN 1.955552
BHD 0.418149
BIF 3350.999718
BMD 1.105221
BND 1.42431
BOB 12.972807
BRL 6.240639
BSD 1.108254
BTN 104.175531
BWP 15.375873
BYN 3.339019
BYR 21662.339744
BZD 2.229007
CAD 1.57599
CDF 2558.587903
CHF 0.926281
CLF 0.02797
CLP 1100.856131
CNY 7.372545
CNH 7.375242
COP 3668.274087
CRC 500.379591
CUC 1.105221
CUP 26.59905
CVE 110.171439
CZK 24.419591
DJF 197.362394
DKK 7.476054
DOP 67.242592
DZD 151.272403
EGP 59.039602
ERN 16.578321
ETB 180.964601
FJD 2.513661
FKP 0.834795
GBP 0.835387
GEL 2.862369
GGP 0.834795
GHS 12.977803
GIP 0.834795
GMD 81.786563
GNF 9819.616487
GTQ 8.468808
GYD 231.869943
HKD 8.671545
HNL 29.802556
HRK 7.533423
HTG 145.218647
HUF 365.361855
IDR 20161.449062
ILS 3.546683
IMP 0.834795
INR 104.114565
IQD 1680.180745
IRR 2114841.178155
ISK 136.395262
JEP 0.834795
JMD 175.56852
JOD 0.783627
JPY 176.802462
KES 143.6789
KGS 96.635587
KHR 4567.183408
KMF 492.928933
KPW 994.69938
KRW 1477.691892
KWD 0.344211
KYD 0.92362
KZT 492.254191
LAK 24940.481365
LBP 99247.669161
LKR 368.562005
LRD 188.409997
LSL 18.54009
LTL 3.263431
LVL 0.668537
LYD 7.146931
MAD 10.916681
MDL 20.215558
MGA 5058.635412
MKD 61.54313
MMK 2320.854313
MNT 3983.308209
MOP 8.954136
MRU 44.844349
MUR 52.631192
MVR 17.031739
MWK 1919.769396
MXN 20.492496
MYR 4.516046
MZN 70.634307
NAD 18.523444
NGN 1489.330051
NIO 40.78518
NOK 10.556439
NPR 166.679697
NZD 1.996842
OMR 0.424977
PAB 1.108344
PEN 3.77884
PGK 5.055729
PHP 70.556241
PKR 306.473748
PLN 4.409921
PYG 6870.165666
QAR 4.040169
RON 5.349937
RSD 117.643057
RUB 90.981205
RWF 1637.187436
SAR 4.172229
SBD 8.949308
SCR 15.294604
SDG 664.812367
SEK 11.100678
SGD 1.423365
SHP 0.82816
SLE 25.312216
SLL 23175.95842
SOS 632.736658
SRD 41.450233
STD 22875.851868
STN 24.479322
SVC 9.697808
SYP 14370.088684
SZL 18.523449
THB 37.471392
TJS 10.224117
TMT 3.879327
TND 3.336067
TOP 2.661108
TRY 55.667128
TTD 7.528641
TWD 36.334041
TZS 2926.237275
UAH 50.361848
UGX 4561.064716
USD 1.105221
UYU 44.921445
UZS 13266.553624
VES 995.241391
VND 28432.373525
VUV 132.994305
WST 3.088938
XAF 655.957
XAG 0.022071
XAU 0.000283733133
XCD 2.986916
XCG 1.997413
XDR 0.781449
XOF 655.957
XPF 119.331742
YER 261.387215
ZAR 18.685641
ZMK 9948.319566
ZMW 22.636776
ZWL 355.880845
SSP 6572.210909
MXV 2.301333
  • RYCEF

    0.1000

    19.81

    +0.5%

  • VOD

    -0.2500

    16.33

    -1.53%

  • CMSC

    -0.2800

    20.12

    -1.39%

  • RBGPF

    -2.0000

    65

    -3.08%

  • RIO

    -0.2500

    94.16

    -0.27%

  • BTI

    -1.2000

    54.85

    -2.19%

  • NGG

    -0.3000

    74.94

    -0.4%

  • GSK

    -0.3500

    49.35

    -0.71%

  • BCE

    -0.4200

    20.14

    -2.09%

  • CMSD

    -0.3400

    19.93

    -1.71%

  • BP

    -0.9100

    43.52

    -2.09%

  • RELX

    0.1700

    33.24

    +0.51%

  • BCC

    -0.6200

    75.97

    -0.82%

  • AZN

    -1.9400

    164.21

    -1.18%

  • JRI

    0.0000

    10.77

    0%

Metsola Urges EU Investment to Secure Global AI Leadership
Metsola Urges EU Investment to Secure Global AI Leadership

Metsola Urges EU Investment to Secure Global AI Leadership

European Parliament President Roberta Metsola has argued that Europe retains the potential to lead the global artificial intelligence sector, provided it addresses critical gaps in business financing and energy costs. Speaking at an informal European Council meeting in Dublin on Friday, she emphasized that the bloc must align its financial resources with its strategic ambitions for economic competitiveness.

Text size:

European Parliament President Roberta Metsola has asserted that Europe remains capable of leading the global artificial intelligence sector, contingent upon securing greater investment and creating more favorable conditions for European businesses to compete internationally.

Speaking at an informal European Council meeting in Dublin on Friday, Metsola rejected the narrative that the continent has already fallen behind in the technological race. She emphasized that the region possesses the necessary foundation to compete with international technology giants.

"Europe has world-class talent, technological expertise and industrial experience to lead in Artificial Intelligence," Metsola declared. "What we need now is to ensure that our ideas have the financing they need to grow and succeed in Europe."

The Maltese politician stressed that while the European Union already holds the talent, expertise, and businesses required for competition, it must remove barriers that hinder innovation. Specifically, she highlighted the need to make it easier for innovative companies to access funding, expand their operations, and transform promising concepts into successful commercial enterprises.

Metsola also pointed to energy costs as a significant hurdle. She noted that reducing energy prices remains a major consideration for industries and businesses developing new technologies, implying that high costs undermine competitiveness.

These arguments were linked to ongoing negotiations regarding the EU’s next long-term budget, which covers the period between 2028 and 2034. Metsola argued that European funding must reflect both the challenges facing the bloc and its future ambitions, particularly as artificial intelligence becomes increasingly central to economic competitiveness.

The informal European Council meeting, taking place under Ireland’s Presidency of the Council of the European Union, also addressed the war in Ukraine. Metsola stressed that Europe’s commitment to supporting Ukraine must be backed by reliable, long-term financing.

"This is not about charity for Ukraine, it’s about reinforcing and reassuring Europe’s security," she said, adding that achieving peace must remain the priority.

With artificial intelligence, economic competitiveness, and European security all on the agenda, Metsola’s message was clear: Europe must match its strategic ambitions with the financial resources required to deliver them.

K.Yamaguchi--JT