The Europeans in dispersed order on the financing of the cost of the war

by time news

ANALYSIS – European unity is experiencing, for the establishment of a new “resilience” fund, its first jolts.

When receiving his twenty-six counterparts from the European Union at the Palace of Versailles, a fortnight ago, Emmanuel Macron submitted to them the idea of ​​a new fund “resilience” to jointly fund the response to the war in Ukraine. The icy reaction from Germany and the Nordic countries dampened enthusiasm. To the point that it should no longer be a question during the new European Council, this Thursday and Friday in Brussels.

“We never believed that we were going to agree at Versailles on a new recovery fund, relativizes a French diplomat. We cannot start thinking about a new source of financing before drawing up an inventory of investment needs, at the risk of getting back into the impasse of the debate between grasshoppers and ants. If the Netherlands or Austria seem to have softened their entrenched positions of “frugal”, the Swedish Prime Minister accused some countries of always trying to make others pay. As for the diagnosis…

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