Europe plans for bolder future post-Ukraine
Monday saw the climax of years of consultation on Europe’s future, yet it is events more recently in Ukraine that are catalysing the political and economic direction of the continent.
On Monday, a cross-section of Europe’s top brass, including French President Emmanuel Macron and European Commission President Ursula von der Leyen, spoke about the need for the bloc to reset given the challenges on its Eastern doorsteps. Von der Leyen said that “the unthinkable (major war) has returned to our continent” and stressed that this will shape the medium- to long-term future of the bloc post-Ukraine, post-pandemic, and post-Brexit.
While the full implications of the Ukraine crisis may not be clear for years, what is already evident is that the current system of EU institutions and processes need reform to address the fallout. And the implications are key not only for EU foreign and security policy, but also its broader agriculture, migration, energy and industrial policies.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Columns
Relative measures can be absolutely wrong
Without a game changer, Sentosa Cove condos will continue underperforming
ST Engineering focuses on synergies from US$2.7 billion acquisition to reach greater heights
‘Competition for talent’ a poor excuse to keep key executives’ pay under wraps
OCBC should put its properties into a Reit and distribute the trust’s units to shareholders
Why a stronger US dollar is dangerous