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Push for European champions must benefit more than France and Germany, Letta says

By Lewis Crofts ( October 22, 2025, 10:49 GMT | Insight) -- The quest to build "European champions" that can compete with rivals in China and the US must make clear that the benefits won't just flow to France and Germany, Enrico Letta said. The former Italian prime minister, who wrote a high-profile report on the EU economy last year, suggested starting with the likes of Sweden's Ericsson and Finland's Nokia to show other EU governments that the policy drive isn't just in the interest of Paris and Berlin.The quest to build strong European companies that can go toe-to-toe with rivals in China and the US needs to convince governments and people that the benefits won't just flow to France and Germany, Enrico Letta said....

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