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European security thrown into doubt by Trump says Draghi

European security thrown into doubt by Trump says Draghi

EU needs defence chain of command, common debt says ex-premier

ROME, 18 March 2025, 12:12

ANSA English Desk

ANSACheck
- ALL RIGHTS RESERVED

- ALL RIGHTS RESERVED

The European Union needs common debt to finance rearmament and a chain of command above its national armed forces after the changes in United States policy adopted under President Donald Trump put its security in doubt, ex-premier and former European Central Bank President Mario Draghi told the Senate on Tuesday.
    "Our security has been put into doubt by the change in the foreign policy of our biggest ally with respect to Russia, which, with the invasion of Ukraine, has shown itself to be a real threat to Europe," said Draghi, who is the special advisor to EU Commission President Ursula von der Leyen on competitiveness.
    "The direction of the new US administration has dramatically reduced the time available.
    "The EU is now more alone in international fora.
    "Our prosperity, already threatened by low growth for many years, was based on an order of international relations and trade that has now been upset by the protectionist policies of the United States: tariffs will have a strong impact on Italian and European companies".
    He said it was "obligatory" for Europe to develop a common defence "in order to best use the technologies that will have to guarantee our security.
    "Narrow budget spaces do not allow some countries to significantly expand their deficits, so the use of common debt is the only way," Draghi continued as he presented the report be prepared for the Commission on boosting EU competitiveness.
    "National interventions at the expense of social and health spending would be the negation of the European identity that we want to protect by defending ourselves from the threat of autocracy".
    Draghi also called for "a higher level chain of command that coordinates" the EU's "heterogeneous armies" and that "is able to detach itself from national priorities by operating as a continental defense system.
    "Current European defense procurement, equal to approximately 110 billion euros in 2023, should be concentrated on a few advanced platforms instead of on numerous national platforms," he concluded. ari dagli Stati Uniti.
   

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