EU leaders ready countermeasures to pressure from Russia, China and Trump

In response to mounting pressures from Russia, China, and the Trump administration, European Union leaders are formulating a comprehensive strategy aimed at bolstering the region's economic resilience. The proposed measures focus on enhancing energy grid coordination across member states, which seeks to ensure energy security and reduce dependence on external suppliers. Additionally, the EU plans to deepen financial integration, promoting a more unified market that would facilitate cross-border investments. To further strengthen the competitive standing of European firms on the global stage, the EU is considering loosening merger regulations, allowing companies to scale up operations and innovate more freely. This strategic shift reflects a broader commitment by EU leaders to safeguard their economic interests while responding effectively to external challenges, ensuring that Europe remains a strong player in the global economy.
Originally reported by The Hindu International. Read original article
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