ST. PETERSBURG, June 6. /TASS/. Europe has ceased to be a center of attraction in terms of economy, innovation, and demographics, and it has only itself to blame for it, former Austrian Foreign Minister and head of the G.O.R.K.I. Center at St. Petersburg State University Karin Kneissl said in an interview with TASS on the sidelines of the St. Petersburg International Economic Forum (SPIEF).
She noted that in recent years, a lot of Arabic and Spanish could be heard at SPIEF.
"That’s simply a reflection of the times. It’s interesting that American companies were here again this year. The world has changed, and overall I have much more confidence in the South and the East. And I have been saying this for a long time, even before this whole situation with the war in Ukraine began. Because for me, Europe is no longer the focus of attention. And it hasn’t been for a long time," Kneissl said.
"From a demographic standpoint, we have been left behind. We are not particularly strong in innovation either," she continued. "We are to blame for the economic crises we are experiencing in Germany and other countries. There is too much bureaucracy, too much ideology in the energy sector, and the selection of personnel is too poor."
