In a world marked by military and commercial conflicts with serious economic consequences, close cooperation between European states has never been so essential, but never have the institutions created for this purpose appeared so incapable of responding to these challenges. By invading Ukraine, Russia had disrupted the conditions of access to fossil fuels. By triggering a trade war, Washington was disrupting the supply chains of European companies. By transforming its economic model, China had allowed the birth of industrial groups taking advantage of the size of their domestic market and posing a threat to their European counterparts.
Since its creation ...