Feb 10 • 09:59 UTC 🇬🇷 Greece Naftemporiki

Macron has declared Europe in a state of emergency – What can it do against the USA and China?

French President Emmanuel Macron has declared that Europe is facing a 'geopolitical and geoeconomic state of emergency', urging swift action to invest in its economy and remove barriers to growth to avoid falling behind the USA and China.

In a stark warning, French President Emmanuel Macron has characterized Europe as being in a 'geopolitical and geoeconomic state of emergency' as it faces vulnerabilities against increasing technological dominance from the USA and imports from China. His comments were delivered in an interview with international media just days before a critical EU summit concerning competitiveness. Macron emphasizes the need for quick and decisive investments in the economy alongside the removal of developmental barriers to prevent Europe from being outpaced by global competitors.

Macron warns that the most significant risk facing Europe is not merely the ongoing crisis but the potential for a 'timid relief' following a reduction in tensions, which he believes could lead to catastrophic outcomes for the continent. He likens the current situation to a ' Greenland moment,' a reference illustrating how Europeans have only just begun to understand their vulnerability, which extends beyond military concerns to economic instability. As the global balance of power shifts rapidly, European leaders are being urged to recognize the urgency of their situation.

Ultimately, Macron's declaration serves as a call to action for European nations to reassess their strategies and priorities in the face of external pressures from major powers like the USA and China. The implications of his statements point toward a more self-reliant Europe that must innovate and compete effectively to safeguard its economic and geopolitical interests on the world stage.

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