The EU is approaching a "breaking point," and it has very little time left to maintain its position in a harsh world.

Axar.az informs that this was reported by Bloomberg.

It is noted that the European project faces serious problems:

"Political paralysis, external threats, and economic decline could hinder the EU's transformation into an independent global power, as these factors compel member states to focus more on protecting their national interests. While both the U.S. and China face challenges, they benefit from centralized governance systems that allow them to make effective decisions and attract large amounts of capital for defense and technology investments. Europe lacks such advantages."