May 22, 2025
Cécile Philippe of the Institut Economique Molinari, featured in Les Echos, warns that Europe’s €300 billion savings gap, cited by Enrico Letta and François Villeroy de Galhau, is vastly underestimated. She highlights annual investment needs of €750 billion, rearmament costs of €800 billion, and AI/national projects like nuclear power (€80 billion) and German infrastructure (€500 billion) as evidence of the true challenge.








