National Interests Block EU Unity Again - What Now?

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Europe ended the year with two major failures: the collapse of the Ukraine reparations loan and yet another delay to the Mercosur trade deal.
In this video, I explain how €215 billion in frozen Russian assets could have backed Ukraine — and why national politics, especially in Belgium, killed the plan. Instead, Europe pivoted to €90 billion in EU debt, shifting the risk from Russia to European taxpayers and sending a worrying political signal to the Kremlin. Then we turn to Mercosur, a trade agreement 25 years in the making that would cut tariffs, open South American markets, and reduce Europe’s reliance on China — but once again failed at the finish line. Farmers’ protests, national vetoes, and leader hesitation reveal a deeper problem: Europe repeatedly choosing caution and optics over strategy. Not a great day for Europe — but with money finally flowing to Ukraine and Mercosur still alive, there may still be a narrow path forward.

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Sources:
https://www.reuters.com/world/new-eu-...
https://www.politico.eu/article/eu-de...
https://www.politico.eu/article/europ...
https://www.politico.eu/article/eu-to...