Securitizing Europe: From the Euro to Value chains

In a narrow macroeconomic sense, and through successive crises, the euro has delivered a high degree of monetary stability for over two decades. Its core vulnerability is that it which presumes a monetary union normally resting on complementary regimes for Coupled with this weakness, the EU is now entering an era of fragmented globalization in which currencies, payment infrastructures, and value chains are increasingly weaponized. This contribution argues that these two challenges should be addressed together through a societal security agenda. Building strategic autonomy in defense, link security, competitiveness, and the green transition.