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Trump’s victory, a “boost” for the urgent European catch-up effort

Europe is being abandoned by China and the United States. “It’s one to midnight,” warns Charles Michel, during his last European summit. “The sense of urgency is greater today than a week ago,” says “Super Mario” Draghi.


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Journalist at the International division

By Philippe Regnier

Published on 8/11/2024 at 7:54 p.m.
Reading time: 2 min


Special correspondent in Budapest

CIt was urgent. It is even more so today. Donald Trump promises us (trade) war.

“We’re talking about big money: it’s much more sensitive than Ukraine or the Middle East! », continues the diplomat. Budapest has thus prepared for the standoff in sight from mid-2025: the development of the future multiannual budget of the EU, for the years 2028-2034. “We know more or less what we have to do, but with what instruments and above all what financing for these investments? », asks the Italian Meloni.



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