The document summarizes the key challenges facing Europe in the future: abundance causing a conceptual economy rather than industrial; the rise of BRICS shifting the global economic center of gravity; climate change requiring an energy revolution; and demographic changes due to population aging. It discusses how these issues were initially addressed through policies across sectors when Europe was more optimistic, but then the financial and economic crises hit. Now, for Europe to have a big future story, it needs to play a role addressing these global challenges through the European Union and promoting its values on the global stage.