Pierre Gramegna at the The Luxembourg Mind symposium 2024

This event took place in Luxembourg on 7 November 2024. Pierre Gramegna delivered a keynote, outlining the three critical challenges identified by the ESM - European Stability Mechanism: 1) Geopolitical risk, 2) Climate change, and 3) Aging populations. He underscored that if deglobalisation (or “slowbalisation”) continues, Luxembourg could see up to a 7% drop in GDP, making collaboration more essential than ever. With 50-60% of our energy imported, Gramegna highlighted the urgent need to invest in renewables—acknowledging initial costs while stressing the long-term benefits.