Europe Responds to the Risk of Fragmentation Through Integration
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AI-assisted source synthesis · not an independent investigation.
On November 2, 2026, European Central Bank official Boris Vujčić said that, in the face of geopolitical shocks and global fragmentation, Europe should not retreat into isolation, but should enhance its resilience through deeper integration, risk-sharing, and supply-chain diversification. He noted that the EU imports 57% of its energy, and that energy shocks do not affect member states uniformly. Vujčić said that the financial system needs adequate capital and liquidity buffers, more diversified financing channels, and payment and settlement systems capable of withstanding operational and cyber threats.
AI-written from reports · updated 19 hours ago
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- European Central BankBoris Vujčić: Integrated, open and resilient—Europe’s advantage in a fragmented world
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.
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