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Renaud Girard: "Let Europe stop going to bed!"

2020-05-18T16:59:32.742Z


CHRONICLE - This beginning of the 21st century has seen America and China assert their power in an increasingly brutal way. Curiously, the EU has followed an opposite curve.


Seeming to question the hierarchy of legal standards within the European Union (EU), the decision of the German Constitutional Court in Karlsruhe of 5 May 2020, challenging the merits of certain anti-crisis measures taken by the ECB in Frankfurt, has relaunched a fundamental debate on European integration Angela Merkel is likely to seek to decide him during his last presidency of the EU, which will begin on July 1, 2020.

The debate is likely not to be limited to the generous policy of monetary creation undertaken for a dozen years by the European Central Bank. It will surely widen to the theme of Europe-power, which haunts the elites today wondering about the cost / benefit balance of globalization. The first observation must be that of indignation: when will Europe stop going to bed?

Faced with China, Europe has continued to resign itself. Non-application of WTO rules, theft of intellectual property, dumping of all kinds, cyber espionage, purchase of strategic companies, creation of the group of 16 + 1 (China and sixteen countries of Eastern and Balkan Europe): deafening was the silence of the European response.

This beginning of the 21st century has seen America and China increasingly assert their power.

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Source: lefigaro

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