Emmanuel Macron understands that the European elections this year will be different. In spite of their name, normally European elections are predominantly national, low-turn-out, low stakes affairs. But this election will have a transational element, as the Salvini-Orban-Bannon axis tries to turn it into a referendum on migration. The nationalists hope to mobilise millions of ‘left behind voters’ behind an anti-European platform and to start dismantling the EU from within. Macron’s article is the beginning of a reponse to their threat. Macron sees the three main battlefields as the main dimensions of a future-orineted European project: democracy (protecting elections from external interference), protection (a common border for Schengen and a European Security Council that includes the UK), and progress (European Climate Bank, regulation of Global tech companies, an EU innovation fund). The challenge will be to use this vision and concrete ideas to appeal to Europeans who feel that the current system is broken. Will he be able to show that his goal is to revolutionise Europe so that it can live up to the promise of democracy, protection and progress – rather than looking like a champion for the status-quo in Brussels? Mark Leonard - Director European Council on Foreign relations
After 2008, Greece came to symbolize global capitalism’s failure to balance credit and trade flows. Today, as the global mismatch between economic reality and financial returns grows, there is clear danger that, once again, the country is foreshadowing a new phase of the global crisis.
Since the European Union’s eastward expansion in 2004, Western Europe has been enjoying a free lunch at newer member states’ expense. But as today’s political divisions show, the bill may finally be coming due.