Boris Vujčić: Integrated, open and resilient—Europe’s advantage in a fragmented world

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Boris Vujčić said that in the face of geopolitical shocks and global fragmentation, Europe should not retreat into isolation, but should enhance resilience through deeper integration, risk-sharing and supply-chain diversification. The EU imports 57% of its energy, and energy shocks affect member states differently. The financial system needs to rely on adequate capital and liquidity buffers, diversified financing, and payment and settlement systems capable of withstanding operational and cyber threats.