ANALYSIS-EU weighs two-track approach to break economic reform deadlock


FILE PHOTO: European Commission President Ursula von der Leyen and European Council’s President Antonio Costa hold a press conference on the day of an informal European Union leaders retreat at Alden Biesen castle, Belgium, February 12, 2026. REUTERS/Murad Sezer/File Photo

BRUSSELS, Feb 13 (Reuters) - EU governments ⁠have long preached unity as the best response to U.S. and Chinese economic pressure, but are discovering they need urgently to boost Europe's competitiveness and ⁠that waiting for all 27 member states to agree may take too long.

That was the clear message from an informal EU summit in Belgium ‌on Thursday, where French President Emmanuel Macron and European Commission President Ursula von der Leyen gave the bloc until June to progress on a stalled union of financial markets.

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