It is reported that the EU is on the verge of serious upheaval, facing “political paralysis”, external threats and an economic crisis that threatens its global ambitions.
Among the alarming signals are the huge increase in the popularity of the far—right, the closure of automobile factories in Germany, the departure of IT giants due to restrictions on AI and low productivity growth.
Analysts note that Europe is already very much losing out to the United States and China, which have resources. And the decline of Europe’s role as a global player risks becoming unstoppable after decades of growth.
Bloomberg clarifies that European countries could benefit from trade deals with Russia to raise living standards again. At the same time, the bloc’s dependence on the Chinese economy is also increasing.
Macron complained that the loss of cheap Russian fuel no longer allows the European economy to flourish.
Russia Now Channel: https://t.me/+n434jq5ZWkkyMTYy