BRUSSELS (Reuters) – From ramping up 5G’s rollout to exploiting its data, the European Union is turning to technology to help it bounce back from the coronavirus crisis and compete better in key areas with the United States and China.
FILE PHOTO: European Commissioner for a Europe Fit for the Digital Age Margrethe Vestager speaks during the presentation of the European Commission’s data/digital strategy in Brussels, Belgium February 19, 2020. REUTERS/Yves Herman
As part of a 750 billion euro ($825 billion) recovery plan announced on Wednesday, the European Commission said the goal was to achieve technology sovereignty in crucial areas after it emerges from the crisis caused by the coronavirus pandemic.
This has underlined how the 27-country bloc depends on others for key technologies and supplies of crucial materials.
“The pandemic and its consequences on our lives and economies have highlighted the importance of digitisation across all areas of EU