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Martin SandbuFinancial Times |
It is time for the EU to get down to business
The financial underpinnings look increasingly fragile
Central banks must rise to the geopolitical challenges of the day
Leaders must take long-term action on industrial, fiscal and monetary policy as well as support for Ukraine
Frozen assets and large capital exports should be go-to sources for funding a geopolitical transformation
Technological and geopolitical competition between democracies and autocracies are two sides of the same coin
The US is enjoying a virtuous cycle, while the EU is caught in a mid-tech trap
Nine like-minded member states would be enough to break the logjams on reform
Current EU structures discourage joined-up thinking in pursuing geostrategic goals
Engineering a $50bn advance from the profits of frozen Russian assets is presenting a challenge
The pre-Brexit economic relationship is out of reach but closer ties are possible if each side moves from entrenched positions
Green tech is stalling because businesses lack confidence that leaders will follow up words with actions