European leaders agreed to implement “Buy European” policies during their economic competitiveness summit in Belgium’s countryside. The gathering addressed Europe’s position relative to global powers through strategic sector protection.
António Costa identified broad consensus on protecting defense, space, clean technology, quantum computing, artificial intelligence, and payment systems. The proportional and targeted European preference approach reflects careful international obligations consideration.
Von der Leyen promised action plan by March encompassing regulatory simplification, EU Inc company law, capital market integration, and energy price reductions. The package addresses multiple competitiveness constraints through coordinated measures.
The summit incorporated Draghi and Letta’s reports highlighting Europe’s precarious position. Draghi’s warning about transitioning from confederation to federation to avoid subordination, division, and deindustrialization influenced strategic thinking.
French President Macron and German leader Merz demonstrated unity despite policy differences. While sharing urgency, they diverge on European preference scope, with Macron focusing on specific sectors and Merz preferring broader approaches.
EU Leaders Advance ‘Buy European’ Measures for Strategic Industries
