The timing of the European Commission’s Economic Security Strategy couldn’t be more crucial, as it places emphasis on enhancing Europe’s competitiveness and strengthening the Single Market as vital components in protecting the economic security of the European Union. The challenges posed by the pandemic and energy crises tested the EU’s determination to form a solid political agreement, resulting in the bloc becoming battle-hardened but significantly weakened economically. Once again, the “European project” faces a pivotal phase of advancement, necessitating the protection of its economic prospects in the face of increasing geopolitical tensions and domestic demands.
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