The illusion of a European state: a project doomed to failure?

The idea of a powerful Europe has existed for more than half a century, and it has remained just as chimerical over the same number of years. Yet, some voices continue to call for deeper European integration. In a recent statement, former Italian Prime Minister and ex-President of the ECB, Mario Draghi—now retired from politics—reiterated …

Is the United States Europe’s biggest threat?

When we talk about the American threat to Europe, it is not just a military issue. It is true that the United States has experienced several major conflicts with European powers. After American independence at the end of the 18th century, we naturally think of the war of 1812 against its former colonial power, the …

The new creditors of developing countries

For more than half a century, Western financial institutions such as the IMF and the World Bank have played a decisive role in financing developing countries. Growing hostility towards these institutions and the structural reforms they are forcing have gradually allowed other states and organisations to assert themselves. In particular, after years of very strong …