Operating Instructions for Economic Sovereignty The Press

Operating Instructions for Economic Sovereignty The Press

The EU Commission is presenting its position to the summit of heads of state and government at the end of June – it’s about ensuring Europe’s competitiveness and defending against blackmail attempts.

Brussels. Until today, the EU has always been on the side of freedom in the tension between freedom and security – after all, open borders for goods and capital are part of the Union’s DNA. At least since Russia’s attack on Ukraine, that worldview has been irreparably damaged — which is why Margrethe Vestager, Valdis Dombrovskis and Josep Borrell, who are in charge of competition, economy and foreign affairs in Brussels, on Tuesday laid out a strategy for economic security. This should serve as a basis for the discussion on 29./30. EU Heads of State and Government meeting in Brussels in June Although Russia is explicitly listed as a threat in published documents, the real risk factor and rationale for the EU strategy – the People’s Republic of China – is not mentioned.