Surviving in Trump’s world

While global attention focuses on Donald Trump’s renewed presidency, Europe faces persistent political and financial challenges. France’s 10-year government bond yield remains elevated at 3.37%, even surpassing Greece’s 3.34%, reflecting investor unease. Despite François Bayrou surviving a no-confidence vote, President Macron's administration struggles to advance overdue reforms, leaving France politically stagnant. Major European economies face their own crises: e.g. Germany’s energy transition, Italy’s debt, and Spain’s regional tensions. These challenges undermine Europe’s ability to present a united front against rising global economic nationalism. For Europe to remain competitive, closer cooperation, structural reforms, and innovation are essential. Without bold leadership, the continent risks being sidelined in an increasingly fragmented global order.