Subscribe here: [ Ссылка ] On the political developments in Germany, President Metsola said that while there is a democratic process, political stability is crucial. She said that Europe can only overcome the challenge of migration by working together. "No country can handle this global issue on its own. The only viable approach is a European one. The European Migration and Asylum Pact must therefore be urgently implemented before discussing any potential new approaches."
Germany’s political crisis could not have come at a worse time for Europe.
Donald Trump’s US election victory has put European leaders, gathering for a summit in Budapest, under huge pressure.
Adding to the uncertainty hanging over the Budapest gathering, Germany's three-party government broke apart on Wednesday evening as Chancellor Olaf Scholz sacked his finance minister and paved the way for a general election.
"One thing is for sure, Europe is not strong without a strong Germany," European Parliament President Roberta Metsola said.
The uncertain future of EU-US relations under a second Donald Trump presidency will be one of the main issues when European leaders meet in Budapest. A large contingency of European leaders, including most members of the European Union, have descended onto Budapest for a high-level meeting that is set to be dominated by one burning question: How do we deal with Donald Trump?
From Brussels to Warsaw, capitals are still processing the Republican's surprisingly strong victory and wondering what his second US presidency might mean for the continent's immediate future, already under duress by multiple challenges at home.
Among his campaign promises, Trump has floated a plan to impose across-the-board tariffs on all foreign-made products coming into the United States, which, if enacted, could wreak untold havoc on Europe's export-reliant economy. His hardline policy against China might force Beijing to redirect its trade flows to the continent and bring in a new flood of cheap goods that further upend market competition.
The billionaire is also expected to promote domestic fossil fuel industries, pull out (again) of the Paris Agreement and hamper global efforts to mitigate climate change.
But for European leaders, Ukraine and NATO will be top-of-the-mind.
The EU is "ready to face the challenges of the world and defend its values, with all its partners and allies. And that remains, whatever the outcome of the elections here or there can be," insisted another diplomat.
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