"We are currently in a phase I would call a 'Greenland moment',"
"There are threats and intimidation. And then, suddenly, Washington backs down. And we think it's over. But don't believe it for a second. Every day, there are threats against pharmaceuticals, digital technology..."
"When there is blatant aggression... we must not bow down or try to reach a settlement,"
"We tried this strategy for months, and it's not working. But above all, it strategically leads Europe to increase its dependence."
Europe must boost investment across green, digital, defence and security sectors to avoid being swept aside by US and Chinese competition. Daily threats and episodes of intimidation from external powers risk increasing strategic dependence if Europe remains complacent. Simplifying and deepening the EU single market and diversifying trade partnerships are prerequisites for competitiveness. Annual public and private investment needs approximate 1.2 trillion euros. A common European borrowing capacity through future-oriented Eurobonds could finance strategic expenditures and accelerate the transition in critical technologies and defence to preserve autonomy and resilience.
Read at The Local France
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