The rapid change in geopolitical conditions as a result of the change in post -war American security doctrine by him, in conjunction with the US shift in protectionism policies by imposing duties and completely cynical commercialization of international relations, brings Europe to face existential dilemmas.
The first moves of the new US president on the international chessboard, in particular the pressure on Ukraine to deliver unobtrusive natural resources to the US and territories in Russia, have literally shocked European leadership.
New Putin era
Now in Brussels and Frankfurt, they realize that Donald Trump does not care about her, is not bound by previous agreements and commitments, rather than acquitting Putin for her, abandoning previous sanctions and negotiates a new commercial and corporate relationship with him, resources of the vast country.
The Russian president has already given instructions to the Ministers of the Russian Federation to prepare and facilitate the resettlement of US companies, and Trump promised to bring Russia back to the club of the richest countries on the planet and the G7s will re -become a G8, which will re -establish itself.
It is evident from the above that the previous corporate, defense and allied relationship between Europe and America has collapsed, the security gap has been fully revealed and will be confirmed by the departure of thousands of US troops from Germany and other European countries, and the US -called European warfare.
It is a change in huge dimensions that inevitably mobilizes European authorities, who are eagerly seeking ways and policies to deal with new conditions.
Safe information indicates that in the past few days, European Central Bank chief Christine Lagarde called on Frankfurt to Commission President Ursula von der Layen, where, in the presence of all members of the Eurotrian Bank Board of Directors, the new ones were analyzed.
And together, the European response, the measures, the policies and the tools that could repel the major existential crisis, with which the Old Epirus is quickly confronted and is capable of shaking the political and economic European building, was discussed.
Anxieties and opportunities
The Governor of the Bank of Greece, Mr. Yiannis Stournaras, does not hide the anxiety of the European authorities. «Europe has enacked, “he says characteristically, but nevertheless is optimistic and states that” Trump with the violent change of post -war doctrine, the removal of the security regime, the reinstatement of 19th -century protesting policies and the circumvention of the 19th century. “
When asked how this can be achieved, he replies that “there is preparation, the processes have been done, the Letta and Draghi reports describe how Europe can repel the existential dimensions of a geopolitical crisis, the euro is strong and the European commercial surplus of 3.5% of European GDPs Europe as well as its economic rebirth and enhancing growth. “
It also argues that “Europe has tools at its disposal, the development of its financial markets can provide comfortable funding for reconstruction and reconstruction policies, provided that governments accept the need for new policies and lift any obstacles.
Europe needs more investment, public and private, in defense, new technologies, artificial intelligence, energy, food production, drugs, almost in almost all areas, and we have to facilitate their realization. ” He even added that “the European Central Bank wins the battle of the monetary target, inflation reaches the 2%threshold, interest rates will continue to decline and monetary policy will be able to support the change of policies the European Union needs.”
The role of Germany
He evaluated as highly positive the first statements of the winner of the German elections, the Christian Democrat, whom he considers a European and capable of taking relevant initiatives. “Germany”, Mr Stournaras notes, “it is necessary to play its leading role, to overcome the debt cutter and to take on its European responsibilities, which will favor Germany itself to come out of the circle of stagnation in which it has fallen in recent years.”
Eurobank Managing Director Fokion Karavia, for his part, considers a great overthrow in geopolitical conditions. In order to attribute the criticality of the circumstances, he emphasizes that major changes are recorded at the same time. First, growth shifts to Asia, especially to China, which tends to become the factory of the planet, and is followed by India, which aspires to achieve something similar. Second, we live in times of strong competition in new technologies and innovation, where Europe is absent and will need progress jumps to cover the distance that separates it from China and the US. And, thirdly, international colleges, organizations such as the UN, the World Trade Organization, the World Health Organization, and together Democracy, are receding, while they tend to dominate authoritarian and dominant leaders in the world, with what it entails. On the basis of the above, Mr Karavias points out that the European Union as a collective entity also tends to retreat. Which requires its leadership to exaggerate itself in order to cope with the threats and dangers that it is going to face.
The example of other crises
Alpha Bank’s financial adviser Panagiotis Kapopoulos is skeptical of the European prospects in this mast of the changes facing the Old Epirus. It is concerned if the European Union really can turn the current geopolitical crisis into an opportunity. It mainly points out Europe’s political fragmentation, which is likely to emerge in a major obstacle.
“The experience of the previous crises is not positive, the big financial crisis of 2008 for example has not treated it as an opportunity,” he says. It also notes that because there are no common political perceptions, it is most likely that the current European leadership is pursuing Trump’s appeasement and he to bargain alone with the member countries and not overall with the Union. With what this, of course, implies the European building.
Whatever the case, Europe is moving at the limit at this time. It doesn’t have many options. Or it will seize the opportunity and move land and heaven in order to secure its autonomy and protect its values or surrender to the new geostrategic redistribution between the powerful and will decline. There is no middle road.
