European Union leaders will hear on Thursday how the bloc could act to catch up to the United States, China and other rivals in a global race in new green and digital technologies. Former Italian Prime Minister Enrico Letta, tasked by leaders with assessing the shortfalls of the EU single market, warned they could not consign a 147-page report he will present to them to a drawer and hope for the best. The EU faces new challenges from massive U.S. subsidies drawing in investment and China's domination of new tech supply chains, on which it is dependent.
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