# European economic competitiveness and resilience > Live situation record from CLSTR: https://clstr.news/situations/european-economic-competitiveness-and-resilience > Updated: 2026-08-28T04:38:01.000Z. Sources: 5. Developments: 2. European economic strategy is undergoing a significant shift toward fostering competitiveness and resilience in response to geopolitical and technological pressures. Discussions have moved beyond simple regulation and wealth redistribution toward defining a state capable of actively fostering prosperity and reducing strategic dependencies. Key areas of focus include the transformation of supply chains, the impact of artificial intelligence, and the massive investment needs required for the energy transition. Strategic sectors such as semiconductors, biotechnology, robotics, quantum computing, and defense technologies are identified as critical to closing the innovation gap with the United States and China. To mitigate risks exposed by recent global crises, there are growing calls to shorten supply chains by moving production closer to consumer markets. Experts advocate for securing access to critical raw materials and metals, rebuilding domestic production capacities, and implementing deregulation to ensure long-term economic and state security. ## Timeline ### 2026-08-28: Europe seeks economic resilience amid shifting globalization Zygmunt Berdychowski warns that Europe must reduce its dependence on global supply chains and secure critical raw materials to ensure economic security and competitiveness. 3 sources. https://clstr.news/cluster/europe-seeks-economic-resilience-amid-shifting-globalization ### 2026-08-27: Europe faces economic crossroads to boost competitiveness Europe faces a critical need to evolve its economic model to compete with the US and China, focusing on active state involvement in innovation, technology, and strategic industrial sectors. 2 sources. https://clstr.news/cluster/europe-faces-economic-crossroads-to-boost-competitiveness --- Cite as: European economic competitiveness and resilience. CLSTR, https://clstr.news/situations/european-economic-competitiveness-and-resilience