[8] By one estimate, faster automation as a result of the pandemic will destroy 85 million jobs across 26 countries by 2025, but will also create 97 million new jobs – a net gain of 12 million.
[9] Europe faces many challenges in the coming years arising from both the pandemic and from long-run trends, including increasing debt levels, demographic ageing, digitalisation and climate change. Successfully sustaining growth requires progress along a number of dimensions, but in particular it will be vital to harness the opportunities offered by new technologies.