Friday, June 19, 2026
EconomyMEDITERRANEAN FORUM | Chema Casas (Telefónica): "Europe has too much dependence on technologies that we do not create here. We are late"

MEDITERRANEAN FORUM | Chema Casas (Telefónica): “Europe has too much dependence on technologies that we do not create here. We are late”

Why Europe Needs Its Own Tech Power

The Dependence Problem

Europe relies heavily on technology that comes from outside the continent.
Big companies in the United States and China dominate cloud computing, satellite networks, and artificial‑intelligence models.
Because these key tools are not European, the EU risks losing competitiveness and strategic independence.

What Chema Casas Said

Chema Casas, the general director of Telefónica in Catalonia, spoke at the III Mediterranean Economic and Social Forum in Barcelona.
He warned that Europe has not yet built the capabilities needed to control its own data and technology.
He quoted recent reports by Draghi and Letta, which said three years ago that Europe must act now—but the political will to start is still missing.

Spain’s Fiber‑Optic Advantage

Spain already has a strong foundation for digital growth.
More than 95 % of the country is covered with fiber‑optic cables, and 5G reaches about 98 % of the population.
This widespread connectivity is like having train tracks ready before the first industrial revolution even began.

Building on Existing Infrastructure

Having the physical network is only the first step.
Casas emphasized that Europe must now create services, applications, and expertise that run on this high‑speed infrastructure.
In other words, the tools are there; we need to start building the digital transformation on top of them.

AI and Productivity

Artificial intelligence can boost how much we produce for each hour of work.
Casas explained that productivity is income divided by costs.
Instead of only cutting costs, AI can help increase income by enabling new products and services.

Jobs vs Skills

He also noted that the main challenge with AI will not be massive job losses, but a shortage of workers who know how to use the new models.
Training and education will be essential to make sure people can take advantage of AI‑driven opportunities.

Conclusion

Europe has a chance to secure its strategic autonomy by developing its own technological capabilities.
Spain’s extensive fiber‑optic and 5G rollout gives it a head start, but turning that infrastructure into real innovation requires decisive action, investment, and a focus on skills—especially in artificial intelligence.
If the EU moves quickly, it can improve productivity, create new services, and reduce dependence on foreign powers.

Reference

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Images Credit: www.diariodeibiza.es

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