Apoiado!!
"The EU must become a “federation” to avoid being “picked off one by one” by China and the US, Mario Draghi has warned, in a plea to the bloc’s member states to rapidly deepen integration in areas such as defence, industrial policy and foreign relations.
The former European Central Bank president, who has previously called for the bloc to embrace “pragmatic federalism”, said it was time for the EU to give up long-held resistance to pooling power because Washington and Beijing could abuse the dependencies created by globalisation.
“Power requires Europe to move from confederation to federation,” said Draghi, a former Italian prime minister, in a speech in Belgium. He added that the EU’s current model of a 27-state confederation with individual veto rights on key issues “does not produce power” but “a group of states . . . each vulnerable to being picked off one by one”.
“We are all in the same position of vulnerability, whether we see it yet or not,” he said. “The old divisions that paralysed us have been overtaken by a common threat. But threat alone will not sustain us. What began in fear must continue in hope.”"
ft.com/content/e5206e5e-bd72-4…
#EU #Federalism #USA #China
Mario Draghi calls for EU ‘federation’ to avoid being ‘picked off’ by US and China
Former ECB president says globalisation will leave Europe vulnerable unless it pools powerHenry Foy (Financial Times)

Tofm2 🇫🇷 🇺🇦 🇪🇺
in reply to Miguel Afonso Caetano • • •@Reinier Van Lanschot