Thomas Piketty Urges European Core to Propose Solutions Now
- Europe faces significant challenges after Donald Trump's election victory that require immediate attention.
- The current decision-making process in the EU, reliant on unanimous agreement, is a significant barrier to progress.
- Thomas Piketty calls for a strong coalition of countries led by France and Germany to propose actionable solutions.
In response to the political shifts following Donald Trump's victory, Europe faces critical socio-economic and geopolitical challenges that require decisive action. Currently, all major decisions within the European Union depend on unanimous agreement from all 27 member states, which hinders progress. To break this deadlock, Thomas Piketty emphasizes the need for a strong core group, primarily France and Germany, to formulate concrete proposals, particularly in budgetary and institutional domains. Such a core can provide the necessary leadership without the delays caused by seeking consensus from all member countries. Piketty suggests leveraging existing structures such as the Franco-German Parliamentary Assembly to create a robust decision-making body to tackle urgent issues and invest in a sustainable future. This move is vital for Europe to regain its influence and effectively respond to global challenges.