On Monday, President Hoyer welcomed at the EIB the former President of the European Council, Donald Tusk. He spoke about the present situation in Europe.

Tusk started his speech with a grave tone: “The world is changing before our eyes at an unprecedented pace. We are living in a time of permanent and acute uncertainty, a time of liquid modernity. These times of uncertainty demands from individuals, societies and institutions to show flexibility and openness in response to change.”

Tusk reminded us that we have to face big challenges such as migration. M. Tusk is trying to mobilise Europe to support Greece to correct the current paradigm.

“The first and the most important duty for the political powers is the ability and readiness to protect the territory and its borders, not only at national level, but also at European level”, said the ex-president.

Nothing is simple. There are so many moral, political and logistic questions, but what we need today is to mobilise Europe to avoid the impression of vulnerability shown in 2015, impression that we are giving up the most important political duty, which is protection of our people territories and borders.

Other challenges are Brexit and new German leadership and what it means for Europe. As well, the problem of corona virus, slowing down the economy and ,perhaps, a new crisis.

President Tusk referred to the deeper crisis of the West, as expressed through Brexit, the crisis of the EU enlargement idea, the anti-European turn in US politics and China’s rise of power, as well as the lost of faith in liberal democracy. “This is a crisis of fundamental values, which deals with our roots, a crisis ravaging us from within; the fact that the European Union is shrinking for the first time in its history, instead of enlarging, is particularly shocking for my generation” he said.

Regarding artificial intelligence and big data, president Tusk highlighted that rule of law, institutions political independence, freedom of speech, checks and balances are indispensable to restrict the threats arising at the intersection of political powers, businesses and new technologies. We should make algorithms respect our values; we should not allow artificial intelligence to gain complete control of our emotions and capacity for ethical reactions. Rules and regulations should restrict the threads arriving at the intersection of political powers, businesses and new technologies.

Pictures: Copyright EIB