Conrad Black: EU’s Plan to Bolster Own Defence Makes Sense Amid US Foreign Policy Shift
By Conrad Black
3/31/2025 Updated: 3/31/2025
Commentary
The European Union has just announced an 800 billion-euro expansion of military expenses over the next five years. To achieve this objective, member states are being excused from observing the EU guidelines on avoidance of deficit financing, and a special program is being established by the union itself with a loan of 150 billion euros to individual members to assist them in meeting newly raised requirements for collective defense.
This, like the robust European response to the Russian invasion of Ukraine—which has largely gone unnoticed due to the Trump administration’s complaints that the United States has been paying an inordinate share of the cost of the war—demonstrates that the European ambition to retain its independence and be a substantial force in the world is greater than was readily appreciated, both in Russia and North America.
The European Union on balance has been a disappointment. Twenty years ago, its collective GDP was approximately equal to that of the United States, and today it is only about half of U.S. GDP. Part of this uncompetitive result is the defection of the United Kingdom from the EU, but the great majority of European underperformance is due to overregulation, excessive taxation, and the compulsive massaging about income in Danegeld to the working class and the small farmer.
The reasons for this expensive placebo for the masses of Europe can be easily understood by anyone with even a cursory knowledge of European history. But as the recent German elections indicate—and even the hesitant efforts of the Macron regime in France confirm—and as Italian prime minister Giorgio Meloni has proclaimed, a course correction is necessary to assure European economic growth and a rising standard of living. Europe is also in desperate need of a higher birth rate among the majority nationalities, or at least the ability to attract assimilable immigration, to ensure that the old continent does not succumb to either geriatric perils or the agitation of immigrant communities actively hostile to the societies into which they have moved.
The shift in U.S. foreign policy being enacted by the Trump administration—though it could have been better enunciated, particularly in respect to Canada—is a logical response to the evolution of strategic events in the world since the end of the Cold War 35 years ago.
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READ MORE: https://www.theepochtimes.com/opinion/conrad-black-eus-plan-to-bolster-own-defence-makes-sense-amid-us-foreign-policy-shift-5834040?ea_src=frontpage&ea_cnt=a&ea_med=opinion-6
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