Almost 10 years after Emmanuel Macron’s Sorbonne speech (see EUROPE B11870A1), the concept of ‘European sovereignty’ has gained ground, becoming the common thread running through many European initiatives.
Recent history proves the French President’s vision right. The Covid-19 pandemic highlighted the EU’s dependence on critical medicinal product. The Russian military invasion of Ukraine has jeopardised the supply of low-cost Russian fossil fuels and, combined with the - so far...