Amid threats to its ‘reason for being’, the EU must stop squabbling and take a stand
Former European Central Bank president Mario Draghi attends a round table discussion on the the future of EU competitiveness at the College de France in Paris, on 13 November 13, 2024.Former European Central Bank president Mario Draghi attends a round table discussion on the the future of EU competitiveness at the College de France in Paris, on 13 November 13, 2024.iddling while Rome burns fairly describes the antics of party leaders in the European parliament last week.
with European People’s party leader Manfred Weber and other jockeying politicians. One crucial question exercising these great minds: can Hungary’s Olivér Várhelyi be trusted with animal welfare? The Brussels bureaucracy’s chronic uselessness is the least of Europe’s problems. In an authoritative report in September, Draghi called for an annual €800bn investment in areas such as AI, green technology and defence, to boost flagging EU growth,” at their Budapest summit this month. In typical Brussels-speak, it pledged to take “decisive steps” on investment, make “urgent progress” on a capital markets union and increase defence capabilities “without delay”.
But political will is faltering. Just as Donald Trump triumphed, Germany’s government – which, along with France, is traditionally seen as a driving force within the EU –. Olaf Scholz’s lacklustre chancellorship is all but over. Yet an election is not due until late February. Europe’s true “enemy within” – far-right and far-left parties nurturing anti-democratic, Trumpist tendencies – will continue its advance in Germany as elsewhere.
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