Feb 16 β€’ 14:23 UTC πŸ‡¬πŸ‡· Greece To Vima

Euro, defense, and power: The European Union changes its pace – What to expect from Brussels

The article discusses the recent shifts in European Union dynamics as key member states address longstanding issues related to defense and economic strength amid global geopolitical changes.

The article outlines the current landscape of the European Union in light of recent events, including the Munich Security Conference and an informal summit among EU leaders. It highlights the increasing urgency among European governments, particularly with the upcoming Eurogroup and ECOFIN meetings, to address pressing issues that have been stalled for too long. Major EU countries, especially Germany and France, are demonstrating a willingness to move swiftly, setting aside previous obstacles to enhance Europe's geopolitical stance in a world driven by power dynamics rather than mere regulatory frameworks.

Germany has emerged as one of the most proactive nations in this context. Recent discussions between German Chancellor Friedrich Merz and French President Emmanuel Macron have focused on the potential establishment of a European nuclear deterrent, underscoring the serious commitment these leaders have towards increasing Europe's military capabilities. Such a proposal reflects a broader trend within the EU to rethink its defense strategies in response to the evolving international security landscape.

The conclusion emphasizes the notion of a 'deep European moment,' suggesting that EU countries are recognizing the necessity for rapid coordination and decisive action. This 'multi-speed' approach could result in some nations advancing more swiftly on certain initiatives than others, ultimately reshaping the EU's collective response to new global challenges. The decisions made in the coming meetings will likely have long-lasting implications for the EU's role on the world stage.

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