At the upcoming European leaders' summit, Emmanuel Macron intends to advocate for a vision focused on greater state intervention and stronger protection of European industry, alongside the implementation of 'Buy European' rules for public procurement. This initiative seeks to bolster local industries in the face of global competition, especially from countries like China. However, his approach is met with skepticism from key players in Europe, specifically Germany and Italy, raising concerns about the feasibility of such an agenda.

The leaders of Germany and Italy, Chancellor Friedrich Merz and Prime Minister Giorgia Meloni, represent a growing axis that opposes Macron's protectionist tendencies. While both nations recognize the need to strengthen European industry, they advocate for a model focused on free trade, encouraging investments, and reducing bureaucratic hurdles to enable smoother trade relations. The nuances of their disagreement highlight differing economic philosophies within the EU regarding how best to support local industries without resorting to protectionism that could stifle growth.

The stakes are high as Macron's vision could reshape the future of European industrial policy, but the opposition from Merz and Meloni indicates a significant divide among member states. This conflict may not only affect economic cooperation but could also dictate the EU's response to external pressures, and how Europe positions itself in global trade dynamics, especially amidst rising geopolitical tensions. As the summit approaches, the outcome of these discussions will likely have lasting implications for the European Union's economic strategy and unity.