Feb 11 • 17:23 UTC 🇫🇷 France Le Figaro

Facing Donald Trump and China, the Twenty-Seven are scattered at the bedside of European competitiveness

Emmanuel Macron's push for European preference and new common loans finds him isolated against the deregulation-focused alliance of Friedrich Merz and Giorgia Meloni.

In a recent meeting aimed at addressing the competitiveness of the European economy amid the challenges posed by Donald Trump and China, Emmanuel Macron finds himself in a precarious position. With a strong advocacy for European preference and the introduction of new common loans, Macron appears isolated as he faces the growing alliance between Friedrich Merz and Giorgia Meloni, who are pushing for deregulation. Their differing approaches reflect a significant divide within the European Union regarding how to best tackle the economic challenges ahead.

The informal seminar, organized by European Council President Antonio Costa at Alden-Biesen castle in Belgium, is an attempt to bring together the leaders of the EU's member states to foster unity and devise strategies to enhance European competitiveness. Costa's strategy draws inspiration from a previous successful gathering that advanced European defense cooperation. However, the current focus on competitiveness highlights the varied perspectives among EU leaders, especially in the context of external pressures like the US-China trade war and internal disagreements over economic policy.

The divergent strategies underline the complexities of European unity in economic matters, as leaders navigate their national interests while also considering the broader implications for the EU's global standing. As Macron advocates for collective action and reforms, the split between pro-regulation and pro-deregulation factions within the union could hinder progress on critical economic issues at a time when cohesive action is crucial for the EU's future competitiveness on the world stage.

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