Despite the challenges posed by Trump's administration, Europeans can seize the opportunity to enhance their unity and strategic independence. This crisis may act as a catalyst for stronger European integration, allowing EU leaders to dismantle barriers to capital markets and defense cooperation. Initiatives can include finalizing the capital markets union, forming trade agreements, strengthening defense capabilities, and forging partnerships with global allies. Enhancing military support for Ukraine and expanding economic ties with developing nations can strengthen Europe's position on the world stage, benefitting from a less engaged US.
Just think of the multiple opportunities to make Europe great again: Finally complete the European capital markets union and banking union to unleash the cross-border investment power of some 3tn in European savings.
Expand economic partnerships with middle- and low-income countries in Asia, Africa and South America that consider the EU a more reliable partner than a protectionist US or a predatory Russia.
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