The European Union is finally on its way to becoming a power in its own right. That’s not because its member countries have suddenly stopped squabbling or its bureaucratic inertia has melted away. It’s because the past four years have produced an unremitting state of crisis. Russia’s invasion of Ukraine was the beginning. Now the imperative comes from Donald Trump’s repositioning of the United States as something close to an antagonist.
Croatia refused to transport Russian oil to Hungary and Slovakia following a request from the two countries, Croatian Economy Minister Ante Susnjar said.
European Union leaders on Thursday agreed on an action plan to overhaul the bloc’s economy and boost competitiveness amid pressure from US President Donald Trump, China and Russia. European Commission President Ursula von der Leyen said the March plan would upgrade energy grids, deepen financial integration and ease merger rules.
Instead, he [ Draghi] aims pragmatically at some immediate initiatives for true integration in areas such as defence, industrial policy, taxation or foreign affairs, for states willing to do so. If necessary outside the Union, and without other members preventing them from doing so, but leaving them the choice of joining later.
Pension industry leaders and investment chiefs from Finland, Sweden and Denmark told Reuters they viewed U.S. foreign policy uncertainty and White House debt levels as a threat to the dollar, U.S. Treasuries and stocks.
The Nordic region is home to some of Europe’s biggest pension funds by assets.
*#Note*: Considering the recent developments In Greenland, I thought of revisiting the Northwood declaration by UK & France( July 2025), regarding a common European Nuclear Umbrella.
According to this analysis, it’s as if this situation was foreseen, as you can see below.
A vertigo-inducing essay by the great Robert Kagan. It lays out what the coming world of “spheres of influence”, which is arriving very fast as the American empire commits seppuku, will actually mean. It’s not attractive.
Statement by President Macron of France, Chancellor Merz of Germany, Prime Minister Meloni of Italy, Prime Minister Tusk of Poland, Prime Minister Sánchez of Spain, Prime Minister Starmer of the United Kingdom and Prime Minister Frederiksen of Denmark on Greenland.
2025 has seen the European startup ecosystem attract billions in venture capital, with some of the largest rounds on record highlighting investor confidence in the continent’s tech potential.
Gillian Tett wrote in the Financial Times (see below) an article on cognitive biases in the global threat landscape, referring to a manual by the Swiss Federal Intelligence Services on cognitive blind spots.
Olio Cafe
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