Wednesday

28th Feb 2024

Letter

EU foreign policy must not become a casualty of the euro crisis

  • EU foreign affairs chief Catherine Ashton and Polish foreign minister Radek Sikorski at the EU Council (Photo: consilium.europa.eu)

Dear EU leaders,

We are seriously concerned about the impact that the current eurozone debt crisis is having on the external relations of the Union.

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The first casualty is the time available for foreign policy. We recognise and support your efforts to overcome the current crisis but it is important that our relations with third countries do not suffer as a consequence. Important summits have been postponed and there is less time to focus on priority issues such as supporting the transitions in North Africa.

A second problem is the resources available for foreign policy. The EU’s budget for external affairs is already small and any further cuts would seriously impact on the EU’s pretensions to play a global role.

A third potential problem is access to the EU’s market. There are many voices calling for protection against ‘unfair competition’ from third countries. We consider it important to maintain an open EU market albeit access based on reciprocity as regards our strategic partners.

A fourth factor is the damage to the EU’s image as a well-governed entity, an important basis for the EU’s attraction as a soft power. Restoring the EU’s economic health would of course help repair the damage to our image.

Fifth, the US global footprint is set to decline due to budget cuts. This means that the EU will have to take more responsibility for its own security and regional security. It is important that this case is put to EU citizens.

Furthermore, ensuring the continuation of a strong liberal world order that emerged after the Second World War remains a key European interest. It is essential that emerging powers become stakeholders in that order.

Only a strong, united and self-confident EU can help strengthen and further develop global institutions and rules that are a necessity to ensure European security and prosperity.

The external relations of the EU cannot be seen as an afterthought. An inward looking EU will be at the mercy of others. And it will not be able to shape the global order according to its values and interests. Investment in foreign policy is an investment in the long-term viability of European freedom, prosperity and security.

Fraser Cameron, EU-Asia Centre

Ulrich Speck, Global Europe Initiative

Josef Janning, European Policy Centre

Pierre Defraigne , Madariaga, College of Europe Foundation

Charles Grant, Centre for European Reform

Shada Islam, Friends of Europe

Gustaaf Geererts, Brussels Institute of Contemporary China Studies

Gerald Knaus, European Stability Initiative

Nicu Popescu, European Council on Foreign Relations

Michael Emerson, Centre for European Policy Studies

Ulrike Guérot, European Council on Foreign Relations

Fabrizio Tassinari, Danish Institute for International Studies

José Ignacio Torreblanca, European Council on Foreign Relations

Jonas Parello-Plesner, European Council on Foreign Relations

Rosa Balfour, European Policy Centre

Giles Merritt, Security and Defence Agenda

Geert Cami, Friends of Europe

Richard Youngs, FRIDE

Ben Judah, European Council on Foreign Relations

Pawel Swieboda, Demos Europa

Dimitar Bechev, European Council on Foreign Relations

Sven Biscop, Egmont Institute

Stefani Weiss, Bertelsmann Stiftung

Daniel Korski, European Council on Foreign Relations

Ralf Fücks, Heinrich Böll Stiftung

Sami Andoura, Notre Europe

Jan Techau, Carnegie Europe

Heather Grabbe, Open Society Foundation

Richard Gowan, European Council on Foreign Relations

Amanda Paul, European Policy Centre

Tomas Valasek, Centre for European Reform

Constanze Stelzenmüller, German Marshall Fund

Almut Möller, Deutsche Gesellschaft für Auswärtige Politik

Disclaimer

The views expressed in this opinion piece are the author's, not those of EUobserver.

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