Joaquín Almunia: “Europe is seriously threatened” | Economy | EUROtoday

The rinsed skies of Madrid filter by a window that overlooks the Palacio de Oriente within the workplace of Joaquín Almunia (Bilbao, 77 years outdated), full of books. Almunia affords an interview about Europe that attracts on the thread of a collection of conversations that happened in Brussels greater than 10 years in the past, when he was vp of the European Commission. Almunia is extra relaxed than then. He speaks extra clearly than then. And on the similar time he appears extra apprehensive than then, and we’re speaking concerning the years of that toothache that was the euro disaster.

Ask. The United States has dynamited the worldwide order. How would you price the European response to that problem?

Answer. In this geopolitics of the legislation of the strongest, Europe is severely threatened by the Ukrainian flank and by the Trump doctrine: America for the Americans, and that features Greenland. Trumpism sees us as an adversary. And the United States’ dedication to NATO is fading: the nuclear umbrella is the one factor that also stands. We Europeans have to unravel European safety issues.

P. We are speaking about one of many nice taboos of Europe.

R. But that taboo is flying by the air. Hopefully Trumpism will cross and the United States will as soon as once more be an ally; I doubt it. If that doesn’t occur, the EU has to arrange the European pillar inside NATO, or guarantee its autonomy by together with the United Kingdom and Canada within the frequent protection. The new period calls for a standard protection beginning with Ukraine, to whose future we’re tied. The debate concerning the European pillar of NATO has been there since Javier Solana was secretary common.

P. Now it’s Mark Rutte, who calls papi a Trump.

R. Rutte believes that his function is to sugarcoat Trump in order that he doesn’t abandon us. It is an unpresentable technique. And the info don’t agree with him.

P. Von der Leyen additionally opted for appeasement.

R. They are totally different instances: Von der Leyen is a German Christian Democrat with sturdy European values.

P. We noticed excesses in Gaza. And an unbridled Atlanticism.

R. We Europeans have been Atlanticists till Greenland. Von der Leyen carried out her second time period with the votes of the center-right, social democrats and liberals, however that majority isn’t sufficient as a result of rise of the far-right. He has tried to save lots of the furnishings by Meloni. But this unstable stability can’t final: it wants France and Germany.

P. Is this coverage of appeasement efficient?

R. It has been confirmed not. We want new allies.

P. Who is it?

R. The nature of the connection with China have to be modified. With warning: we should not overlook who the Chinese are and the situations they wish to impose on us. But we can’t proceed defining China as a rival, competitor and associate: we should look pragmatically at China. And to Canada, the United Kingdom, Brazil, Japan and different international locations.

P. Does that warning embody taking defensive measures?

R. But not as a norm, however as a rare instrument.

P. Are you satisfied by Draghi’s pragmatic federalism?

R. That concept has been there since Monnet. We forgot it with two illusions: after we believed that the safety of the United States was endlessly and within the peak section of globalization, pushed by the Germans.

P. Germany imposed austerity and reforms within the Great Crisis, nevertheless it didn’t reform itself: its mannequin is failing.

R. But Germany can be aggressive once more. It has made errors: abandoning nuclear vitality, for instance.

P. Now his obsession is to decontrol.

R. So far that’s extra rhetoric than effectiveness. Going for neoliberal-style deregulation is a mistake: there are sectors just like the digital sector through which regulation is important. But trusting all the things to regulation can be a mistake.

P. Is unanimity a straitjacket for integration?

R. We should put an finish to it and go to strengthened cooperation, and in some instances to coalitions of volunteers.

P. Is that step ahead you might be asking for doable with the holes within the single market?

R. No: it’s important to finish it, as Enrico Letta says, if we wish to finance the funding to extend productiveness and shut the technological hole, Draghi’s 800 billion. And to spend on protection. We have irresponsibly fallen behind in digitalization. There is not any European coverage on digital affairs worthy of the identify. We can’t rely upon US know-how platforms, that are a political ally of Trump. The capital markets union have to be accomplished. And it could be fundamental to have Eurobonds. There are not any authorized obstacles to any of that: they’re psychological and political obstacles.

P. You had been vp of the Commission within the midst of the disaster; Later he was important of austerity.

R. The international locations that had been worse off in the course of the disaster at the moment are higher off than economies that had been buoyant at the moment and that discovered it troublesome to train solidarity. Today the unemployment report is held by Finland; Sweden is second. And Spain third: nothing to get enthusiastic about, however we’ve got led that classification for many years. This evolution comes due to immigration. In this agenda, and in all of them, channels have to be discovered to succeed in North-South, East-West compromises. Denmark, which was virtually as Eurosceptic because the United Kingdom, is now on the forefront of pro-integration discourses.

P. For Greenland.

R. That episode has woke up all of Europe; The exception is Trump’s extremely allies.

P. Is Spain’s refusal to spend 5% of GDP on protection justified?

R. What Spain did is logical from the Spanish perspective; Other international locations contemplate that we’ve got not been supportive. That is a flawed debate, with a excessive diploma of hypocrisy: there isn’t any knowledge to conclude whether or not that 5% is a whim or one thing we actually want. The Europeans gave Trump what he wished to keep away from the mess. Many international locations thought like Spain, however remained silent.

P. On migration, Sánchez additionally distances himself from social democracy.

R. The message from the Danes and the British concerning immigration detention facilities exterior our borders feels like Meloni. Immigration strain may be very sturdy in Europe. Spain is lucky in that it is ready to combine Latin Americans extra simply. That is an immense benefit: xenophobic discourse in Spain is reasonable ideology.

P. With that speech the intense proper is within the 20%. In France, which has utilized sanitary cordons, it’s near 40%. Are you in favor of the cordon?

R. Rigorous sanitary cordons are usually not working. In international locations the place they’ve been extra porous, the ultras have misplaced momentum.

P. The Spanish exception isn’t restricted to migration or the 5% in protection: it extends to criticism of Trump and his digital platforms, Gaza and the connection with China. But Sánchez is seen alone.

R. In all these areas its place was within the minority, however with consensus it has gone there. Spanish international coverage is being extra of a information than a hindrance.

P. The inner noise is deafening.

R. That noise is unfavorable, it takes away our energy. There is one other ingredient that harms Spain: the burden of European social democracy has decreased significantly in a short while.

P. Figures from the PSOE, equivalent to Felipe González, contribute to this noise. Do you share your evaluations?

R. I’m utterly aligned with the insurance policies of Felipe González’s governments. With some free phrases from Felipe, no.

https://elpais.com/economia/2026-02-28/joaquin-almunia-europa-esta-seriamente-amenazada.html