Europe is being buffeted by geopolitical and geoeconomic shifts but, like all things in Europe, the subsequent changes are likely to be slow and deliberate. Europe will “derisk” from China in strategically important areas, including some technologies, and strains with the US mean it will assume greater responsibility for its own security and defence. But a fundamental geopolitical and geoeconomic realignment is unlikely. Wind the clock forward ten years and Europe is likely to be a rich but slow-growing region – and one that has maintained deep economic and financial linkages to the US.
This report is part of our Future of Europe series. Read more analysis, explore the supporting data, and learn about our broader European coverage on the dedicated Future of Europe page.
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