
N. 86 July 2025 | Getting Out of the Dead End
Europe is in danger, caught between the threat of a trade war with the United States and the uncertainty of the conflict in Ukraine, on which its security depends. The new course of American politics has revealed the unsustainability of a divided Union, incapable of supporting Kyiv and defending its own economic sovereignty. The negotiations on the Multiannual Financial Framework (MFF) 2028–2034 could become an opportunity to relaunch the process of reforming the Treaties. The European Parliament must use its veto power over the MFF to demand that the European Council initiate a procedure for revising the Treaties aimed at giving the Union genuine fiscal capacity.










