20 January 2018

Politico: How Juncker can make his final year count

The widening divisions between North and South, East and West — prompted by the refugee and euro crises — are also potential blemishes on his record. The fault lines created by these crises have weakened the relevance of the Brussels-based institutions, and have put his legacy in jeopardy. [...]

His first target should be to deliver on the idea of a “Europe that protects.” As populist and far-right parties continue to gain traction across the bloc, it’s crucial that the EU show its citizens it can protect and empower them, rather than make them feel vulnerable and lacking in agency.

Europe’s citizens care less about spreading universal values and enlarging the Union than they do about feeling protected. That will only become more true as the threats of terrorism and cyberwarfare become more acute and authoritarian powers continue to agitate outside the EU’s borders. The EU needs to become a more muscular union in response to these threats. [...]

But the early signs of the Permanent Structured Cooperation agreement (PESCO) are worrying. Rather than push ahead with a few determined members countries, PESCO includes an unworkably high number of countries — 25 so far — including spoiler nations such as Cyprus, whose main goal is to block EU-NATO relations. This will cripple the agreement’s effectiveness. [...]

The world’s tech giants listen to what Brussels has to say, because they know a Commission decision could change their regulatory environment worldwide. This is especially true after the Commission hit Apple and Google with extraordinary fines in antitrust cases. If Europe challenges the way tech giants do business, so might other regulators who lack the economic weight to take them on by themselves.

No comments:

Post a Comment