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Above all it is important to point out that we can only maintain our prosperity in Europe if we belong to the most innovative regions in the world.

The structures in Europe in a globalising economy need to be modernised, need to be more integrated, need to be stronger.

In order to thrive in the 21st century, you have to be a savvy citizen of the digital economy or risk being left behind.

The European model is, first, a social and economic system founded on the role of the market, for no computer in the world can process information better than the market.

That is now my mission: to provide a European vision of growth, employment, prosperity - in one word, our future.

With lower start-up costs and a vastly expanded market for online services, the result is a global economy that for the first time will be fully digitally wired-the dream of every cyber-visionary of the early 1990s, finally delivered, a full generation later.

It's high time for a fresh European alternative to enter the market, taking the existing Internet behemoths head on. What the world needs now is a cloud storage service that is not subject to uncontrolled access by intelligence agencies.

Taken as a whole, Europe's share of world output is projected to fall by almost a third in the next two decades. This is the competitiveness challenge - and much of our weakness in meeting it is self-inflicted. Complex rules restricting our labour markets are not some naturally occurring phenomenon.

That appropriation of resources and the transformation of them into goods and services through the European production system characterized, and characterizes to this day, all industrial systems including the information age.

So that we focus not on competing visions for Europe but on what Europe can do to improve economic growth, to give us a cleaner environment, to create more jobs, to make us more secure.