Geopolitical instability, rising defence needs and strengthening Europe’s competitiveness and resilience dominated discussions at the informal Economic and Financial Affairs Council (Ecofin) meeting in Nicosia on Saturday.
Speaking after the meeting, Finance Minister Makis Keravnos said the gathering took place against a backdrop of increasing geopolitical uncertainty, underlining the need for strategic autonomy, resilience and coordinated investment across the European Union.
“The prolonged instability in the Middle East, which affects
