EU leaders convened in Brussels today to address the union's diminishing share in the global economy, a trend that has persisted for decades.

Amidst urgent calls to catch up with leading economies like the USA and China, opinions on the best approach to foster innovation and growth diverge significantly.

Former Italian Prime Minister Enrico Letta, who has been exploring ways to reform the EU's internal market, emphasized the narrowing window of opportunity, noting that the gap between the EU and the USA continues to widen.