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Artificial Intelligence, Housing, and Energy Take Center Stage in MEP Emmanouil Fragkos’ Reflections

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There has been growing discussion recently about the competitiveness of the European economy. Do you believe Europe is losing ground?

Indeed, Europe is facing a major challenge. We see other major economies moving faster, attracting investment, and strengthening their productive capacity, while the European Union is becoming trapped in excessive bureaucracy and lengthy procedures. Within the European Conservatives and Reformists Group (ECR Group), we believe that Europe must rediscover its productive character. We need fewer administrative burdens on businesses, stronger incentives for investment, and policies that support and protect domestic entrepreneurship.
Housing has become an increasingly pressing concern for citizens, especially young people. How do you assess the situation?
This is an extremely important issue that no longer affects only large cities. Finding decent and affordable housing is becoming increasingly difficult for thousands of young people and young couples. This situation is also having a negative impact on the demographic crisis. The ECR Group has highlighted the need to give Member States greater flexibility to implement policies tailored to their specific needs, such as tax incentives for young families, first-home support programmes, and measures to increase the housing supply.

How concerning would another increase in fuel and energy prices be for the average household, especially amid Greece’s ongoing housing crisis?

It would be extremely concerning, as it would add to an already highly challenging reality. Today, many families spend the largest share of their income on rent or mortgage payments. The problem extends beyond electricity bills and transport costs, as higher energy prices ultimately translate into higher prices for essential goods.
The ECR Group has repeatedly called for a review of European policies that further increase energy costs, arguing that the energy transition must be pursued realistically, with the aim of ensuring energy security, rather than placing an additional burden on households and businesses.

How are artificial intelligence and the digital transition affecting the labour market?

Every major technological transformation naturally raises concerns. Some professions will undergo significant changes, and new realities will emerge in the labour market. However, I believe that technology can become an opportunity if we prepare properly. The ECR Group supports innovation while insisting that people must remain at the centre of decision-making. Investment is needed in education, the development of new skills, and ensuring that technological progress does not lead to greater social inequalities.

What do you believe Europe’s role should be in a rapidly changing world?

Europe must be a force for stability without losing its identity. Citizens want a Europe that protects their interests, strengthens security, and promotes prosperity. The ECR Group supports a European Union that respects the decisions of its Member States and recognises that the cultural heritage of its nations is one of its greatest strengths.

Article paid for by the ECR Group
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MEP Manolis Fragkos, Member of the European Parliament, ECR Group.
This political statement relates to his work in the European Parliament.

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