Europe Must Unite Amid Geopolitical Shifts and Trade Tensions

The Central Bank of Cyprus (CBC) has published an analysis by economist Marios Louca highlighting the need for stronger European economic cooperation in a rapidly changing global landscape.

Louca's article, 'More Europe in a Fragmented World: Geoeconomic Fragmentation, China's Rise and Europe's Strategic Response', examines the shifting global economy and its implications for Europe's competitiveness and resilience.

The analysis notes that the world is entering a new phase where geopolitical considerations increasingly shape economic relationships. This shift presents challenges for Europe's openness-based growth model but also increases the importance of scale, resilience, and collective action.