No. 5. The hard question: who will actually build what Europe needs?

Europe can increase budgets by 50, 100 or 200%.
But can it increase production capacity by even 10%?

Right now:

  • lead times are exploding;
  • SMEs are overloaded;
  • qualification queues are full;
  • OEMs can’t find and select new suppliers fast enough;
  • securing qualified human resources is challenging than ever;
  • many raw materials and components still come from China or non-EU sources.

Capacity. Capability. Compliance.

This is the real bottleneck.

Europe’s new industrial renaissance will succeed or fail on this point alone.