Trump's victory is an 'existential wake-up call' for Europe: Ex-EU commissioner Moscovici
Description
For all the talk of "Trump-proofing" Europe, much remains to be done, and there are now only a few short months before the former president takes office again, following his dramatic comeback and resounding victory in the US election. We speak to Pierre Moscovici, who was European Commissioner for Economic and Financial Affairs during the first Trump presidency. He identifies three major areas where the EU is likely to face headwinds – Ukraine, trade and climate action. Moscovici is now First President of the Court of Auditors, which is the highest body for auditing the use of public funds in France. In that capacity, he addresses the challenge of reducing France's huge public deficit.
The EU believes it has an offer than can effectively counter China worldwide – its Global Gateway Investment Strategy. Jutta Urpilainen, the outgoing European Commissioner for International Partnerships, is adamant that this strategy offers long-term human development and avoids the debt traps...
Published 11/22/24
There is nervousness in Brussels about the incoming US administration. That is not just down to Donald Trump's plans for Ukraine, but also because of his pledge to slap tariffs on EU goods of at least 10 percent. Trump insists that the EU will have to "pay a big price" for not buying enough...
Published 11/22/24