Macron warns of EU's threat, proposes defense and decarbonization
Financial Times — April 25, 2024, 03:00 PM UTC
Summary: French President Emmanuel Macron warned of the EU's "mortal" threat due to economic decline and rising illiberalism post-Russia's invasion of Ukraine. He proposed doubling EU's financial firepower for defense and decarbonization, common debt issuance, and changing the European Central Bank's monetary policy. Macron also advocated for a tougher EU trade policy and increased investment in technology. His vision includes a more sovereign Europe and strategic autonomy.
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