Without America to rely on, EU gearing up to be a global power in its own right

6 days ago

The EU is becoming a global power due to crises like Russia's invasion of Ukraine and the U.S. repositioning under Trump.
The EU has introduced SAFE, a $178 billion fund to upgrade Europe's defense production and procurement.
European countries are reducing dependence on U.S. arms, with Germany planning to spend only 8% of its rearmament budget on U.S. weapons.
Europe is exploring a European nuclear deterrent, involving Germany, Sweden, France, and the UK.
European defense firms are outperforming U.S. tech stocks, with Rheinmetall set to produce more artillery shells than the entire U.S. defense industry.
The EU is applying 'buy European' provisions to boost industries like digital services and green technologies.
Europe is reducing reliance on Chinese suppliers, with Berlin excluding them from its 6G network and testing alternatives to Microsoft.
The EU has bypassed unanimity requirements to freeze Russian assets and approve a $107 billion Ukraine package.
2027 elections in France, Italy, Spain, and Poland could impact Europe's current trajectory, with far-right victories posing risks.
EU approval is at a record high of 74%, suggesting public support for continued integration.

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